2637 Richmond Road
Vacant Land
for Sale
Sale Pending
| Catylist Listing ID: |
30808832 |
| Property Subtypes: |
Office, Retail, Retail-Pad
|
| Status: |
Pending |
| Gross Land Area: |
0.59 Acres
|
| Sale Price: |
See Agent |
| Sale Terms: |
Undisclosed |
| Cap Rate: |
Undisclosed |
| Last Updated: |
3/1/2023 |
Overview / Comments
Available for sale is a prime redevelopment opportunity for a retail or restaurant use with .59 acres available. This property makes an ideal redevelopment opportunity or continued use as car wash with 5,044 ± tunnel car wash building and has access to 2 signalized traffic lights - one off Richmond Road and one at intersection of Richmond Rd and Todd Rd.
Site is centrally located on Richmond Road between New Circle and Man O’ War, and the surrounding area boasts dense residential and a thriving daytime population and is home to a wide array of employers, including Valvoline World Headquarters, Aramark and International Paper. Richmond Road trade area is a prominent retail and restaurant hub situated four miles from the University of Kentucky, the state flagship university with 30,000 ± full-time students and 16,000 employees. Immediate retailers and restaurants include Lowe’s, Kroger, Home Depot, Burlington, Starbucks, Arby’s, Panera Bread, Chili’s, and Walgreens.
|
Additional Details
| Nearest MSA: |
Lexington-Fayette |
| County: |
Fayette |
| Tax ID/APN: |
23638800 |
| Zoning: |
COMMERCIAL |
| Property Located Between: |
Richmond Road and Old Todds Road |
| Property Visibility: |
Good |
| Largest Nearby Street: |
Richmond Road |
| Traffic/Vehicle Count: |
48,088 |
| Highway Access: |
Located less than a mile from New Circle Road |
| Zoning Description: |
Commercial |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
12,817 |
122,915 |
223,950 |
| Median Age: |
33.36 |
33.82 |
34.74 |
| Households: |
6,062 |
53,649 |
96,752 |
|
The information presented herein is provided as is, without warranty of any kind.
Neither Kentucky Commercial Real Estate Alliance nor
Moody's assume any liability for errors or omissions.
|
