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    818 Barnes Mill Rd Richmond, KY 40475

    Sponsored
    For Sale
    $395,000

    LAND - Richmond, KY

    Lot size:
    1.54 Acres
    Days on Market:
    20
    Last Refresh:
    Jan 8 at 3:06 am

    Property Features for 818 Barnes Mill Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    R002-0007-0013
    Lot size
    1.54 Acres

    United Real Estate (859) 509-7598 [email protected]

    Listing agent Hanna Burkhart (859) 278-7501

    Listing date Dec 20, 2025

    MLS# 25508188 Listing URL

    Copyright © 2026 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 Development Opportunity

    This 1.54-acre lot in Richmond, KY, presents a prime development opportunity. The property, located at 818 Barnes Mill, has been newly rezoned R-2. City approval has been obtained for the construction of 12 townhomes on the site. The location is just off the Eastern Bypass and minutes from Eastern Kentucky University, providing accessibility and potential for rental or resale. City utilities are available. This property is suited for a multi-family townhome development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Madison
    State
    Kentucky
    Longitude
    -84.31794
    Latitude
    37.737967

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    FAQs

    What type of property is this?
    Commercial land - Newly rezoned 1.54-acre lot approved for 12 townhomes.
    Where is this commercial land located?
    The property is located at 818 Barnes Mill Rd Richmond, KY.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: - Approved for 12 Townhomes: Zoning change and city approval already completed.; - Prime Location: Situated just off the Eastern Bypass and minutes from Eastern Kentucky University.; - R-2 Zoning: Newly rezoned for residential development.
    (859) 625-8463
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    818 Barnes Mill 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
    818 Barnes Mill Rd Richmond, KY 40475
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