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    2072 Merchant Dr Richmond, KY 40475

    New
    For Sale
    $1,400,000

    LAND - Richmond, KY

    Lot size:
    1.71 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 2072 Merchant Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    0068-006A-0011-B
    Lot size
    1.71 Acres

    Block + Lot Real Estate 3090099

    Listing agent Gregory Leveridge (859) 309-0099

    Listing date Dec 3, 2025

    MLS# 25507301 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, KY Out Parcel Land

    This 1.71-acre out parcel is located along the Robert Martin Bypass, offering prominent visibility and access. The site is positioned off the Richmond Bypass between Merrick Road and Four Mile Road. Utilities are available to the site. The location is anchored by Kohl's Department Store, with complementary retail including Speedway, Citizens Guarantee Bank, Domino's, Popeye's, Stock Yards Bank, and New Vista. The surrounding area features both retail and high-density residential developments. This location is ideal for restaurants, banks, retail, or office use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Clothing Store Nail Salon Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Madison
    State
    Kentucky
    Longitude
    -84.273345
    Latitude
    37.758466

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    FAQs

    What type of property is this?
    Commercial land - 1.71 acre commercial land with high visibility and access.
    Where is this commercial land located?
    The property is located at 2072 Merchant Dr Richmond, KY.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: - 1.71 Acre Out Parcel with prominent visibility and access from Robert Martin Bypass; - Ideal location for restaurants, banks, retail, or office; - Utilities to site
    (859) 309-0099
    Request Owner's contact information
    2072 Merchant Dr 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
    2072 Merchant Dr Richmond, KY 40475
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