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    412 Farris Park Blvd Richmond, KY 40475

    Sponsored
    For Sale
    $425,000

    Build-Ready 1.48-Acre Lot

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    341
    This exceptional 1.48-acre commercial lot, located at 412 Farris Parks Boulevard in Richmond, Kentucky, presents a prime opportunity for development. Zoned B-3, this flat parcel boasts nearly 300 feet of road frontage, providing excellent visibility and accessibility. Its strategic location near the Robert R Martin Bypass ensures high traffic volume and convenient access to major transportation routes, making it ideal for a variety of commercial ventures. The property is remarkably build-ready, requiring minimal, if any, groundwork preparation, significantly reducing development time and costs. Existing infrastructure, including a sidewalk, is already in place, further streamlining the construction process. This ready-to-develop lot offers a unique blend of convenience, accessibility, and growth potential in a thriving area of Richmond. The expansive frontage and flat terrain make it suitable for a wide range of commercial uses, from retail establishments to light industrial facilities. Don't miss this chance to secure a prime piece of commercial real estate in a rapidly developing area. The asking price is $425,000.

    Property Features for 412 Farris Park Blvd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    64,469 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Gym & Fitness Skin Care Clinic Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Madison
    State
    Kentucky
    Longitude
    -84.26746
    Latitude
    37.75845

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    FAQs

    What type of property is this?
    Commercial real estate - Build-Ready 1.48-Acre Lot
    Where is this commercial real estate located?
    The property is located at 412 Farris Park Blvd Richmond, KY.
    What is the asking price?
    The asking price for this property is $425,000.
    (859) 296-1525
    Request Owner's contact information
    412 Farris Park Blvd 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
    412 Farris Park Blvd Richmond, KY 40475
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