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Richmond KY Commercial Development Site
For Sale
$4,500,000

1055 Boonesborough Road, Richmond, KY 40475

75-acre commercial development site with I-75 access.

Property SizeContact for details
Days on Market294

Property Features for 1055 Boonesborough Road

General Information

Standard status Active
Property subtype Land
Listing Agency: SVN | Stone Commercial Real Estate
Listed By: Neal Metcalfe · License #217705
Source: Svn
Added: Nov 21, 2025 Changed: Sep 10 Last Checked: Sep 10 at 6:46AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN | Stone Commercial Real Estate

Investment Insights

Based on property information with market context.

This Northern Madison County, Richmond, KY build site is planned for commercial development and offers quick access to I-75 at Exit 95. Contiguous acreage is available to gain direct access to Boonesborough Road. The location is approximately 2 miles from Southern Fayette County, en route to Lexington, potentially suiting industry, manufacturing, and development with access to Lexington and areas north. South Lexington's newest soccer stadium and retail corridor at Richmond Road are approximately 15 minutes away, while Hamburg Pavilion Retail and Baptist Health Hospital are about 20 minutes away. Boonesborough Road also provides access to Winchester and I-64 within approximately 20 minutes. The site is suitable for companies seeking a location or developers looking to establish a small industrial park. Additional acreage and frontage to Boonesborough are available for purchase. Richmond is south of Lexington on the I-75 corridor and is one of the fastest-growing areas in Kentucky due to easy interstate access, proximity to Lexington, lower housing costs, a good employment base, a regional university, and cultural and educational opportunities. The site is approximately 15 minutes to Lexington and 20 minutes to Winchester.

Key Highlights

  • Easy I‑75 access at Exit 95, ideal for regional distribution and logistics.
  • Proximity to Lexington (15 minutes) and Winchester (20 minutes) provides access to major markets and workforce.
  • Located in Richmond, one of the fastest‑growing areas in Kentucky.

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Storage Facility Plumbing Service Restaurant Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

36
Businesses Nearby

Demographics for 40475, KY

62,531
Population
28,118
Households
2.2
Avg Household Size
35
Median Age
37%
College-Educated
93%
High-School Grad
287.3 sq mi
ZIP Area
218
Density / Sq Mi
$62,731
Median Household Income
$35,102
Median Earnings
$863
Median Rent
$232,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - 75-acre commercial development site with I-75 access.
Where is this commercial land located?
The property is located at 1055 Boonesborough Road Richmond, KY.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Easy I‑75 access at Exit 95, ideal for regional distribution and logistics.; Proximity to Lexington (15 minutes) and Winchester (20 minutes) provides access to major markets and workforce.; Located in Richmond, one of the fastest‑growing areas in Kentucky.
More about this property
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