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    2-A1 Lancaster Rd Richmond, KY 40475

    For Sale
    $949,777

    LAND - Richmond, KY

    Lot size:
    45.64 Acres
    Days on Market:
    15
    Last Refresh:
    Dec 6 at 3:06 am

    Property Features for 2-A1 Lancaster Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    AR
    APN
    db 782 pg 699
    Lot size
    45.64 Acres

    Realtors of Kentucky (859) 661-5117

    Listing agent Delma Peercy (859) 661-5117

    Listing date Nov 22, 2025

    MLS# 25506730 Listing URL

    Copyright © 2025 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Richmond Land with Development Potential

    This surveyed and platted farm encompasses 45.64 acres. It features 600 feet of road frontage on Lancaster Road and 1225 feet of road frontage on Duncannon Lane. The property offers views of sunsets and open skies. The seller is also offering two smaller bordering tracts: a 5.13-acre lot and a 5.47-acre lot, priced separately. The seller will consider selling all three tracts together, totaling 56.24 acres. This property presents an opportunity for a family or friend development to build homes and enjoy country living with accessibility to I-75 via a connector road.
    Location Intelligence

    Current Use by Public Records

    Farms

    Suggested Use

    Building Supply Pharmacy Bar & Pub Daycare Center Carpet & Flooring Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Madison
    State
    Kentucky
    Longitude
    -84.308754
    Latitude
    37.728828

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    FAQs

    What type of property is this?
    Farm - 45.64 acres of land with road frontage.
    Where is this farm located?
    The property is located at 2-A1 Lancaster Rd Richmond, KY.
    What is the asking price?
    The asking price for this property is $949,777.
    What are key features of this property?
    This property features: - Large Acreage: 45.64 acres of surveyed and platted land.; - Road Frontage: Boasts 600 ft on Lancaster Rd and 1225 ft on Duncannon Ln.; - Development Potential: Suitable for a family/relative/friend development.
    (859) 661-5117
    Request Owner's contact information
    2-A1 Lancaster Rd Richmond, KY 40475
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    Richmond, KY 40475
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2-A1 Lancaster Rd Richmond, KY 40475
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