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    2761 Lexington Rd Richmond, KY 40475

    For Sale
    Contact for pricing

    Remodeled home/office on 2 acres in Northern Madison County, KY.

    Property Features for 2761 Lexington Rd

    General Information

    Zoning
    UC-7

    Source: Neal Metcalfe Agent Neal Metcalfe

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Northern Madison County Home/Office Space

    Located in Northern Madison County, Kentucky, this property offers a remodeled home and office space on a 2-acre private, small farm setting. The property is commercially zoned and suitable for residential use. The two-level home includes a dry basement. The additional acreage provides flexibility for parking, business expansion, or storage. The entire space was upgraded with modern amenities in 2025. It is suitable for an office, or live-in and office business. Richmond is centrally located 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. Richmond was ranked 30th in the Top Micropolitans in the nation for new and expanded industry activity in 2010 and is currently the 7th most populous city in Kentucky. It is also home to Eastern Kentucky University, which has approximately 17,000 students. Historic downtown Richmond features a 19th-century commercial district.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Wholesale Shop Auto Parts Store Kitchen & Bath HVAC Service Plumbing Service Pet Grooming Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Madison
    State
    Kentucky
    Longitude
    -84.3253314
    Latitude
    37.8207747

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    FAQs

    What type of property is this?
    Mixed-use property - Remodeled home/office on 2 acres in Northern Madison County, KY.
    Where is this mixed-use property located?
    The property is located at 2761 Lexington Rd Richmond, KY.
    What is the asking price?
    The asking price for this property is $16.
    What are key features of this property?
    This property features: - Commercial zoning with accepted residential use allows for flexible live/work options.; - Recently remodeled in 2025 with modern amenities.; - Two-acre property provides ample space for parking, expansion, or storage.
    (859) 312-8069
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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
    2761 Lexington Rd Richmond, KY 40475
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