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Lantern Ridge Dr Richmond, KY 40475

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For Sale
$425,000

Up to 10 acres available in Richmond Centre.

Source: Jim Kemper Agent Jim Kemper

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


Overview

Richmond Centre Land Opportunity

Available for sale is up to approximately 10 acres of commercial land located within the Richmond Centre at Barnes Mill Road and I-75 in Richmond, Kentucky. The site benefits from excellent visibility from I-75. Richmond Centre is a regional shopping center of over 700,000 square feet, anchored by Meijer, Cinemark, Belk, JCPenney, HomeGoods, TJ Maxx, Dick's Sporting Goods, and Ulta. Access to the site and Richmond Centre is provided by two signalized entrances on Barnes Mill Road (Eastern By-Pass) via Lantern Ridge Drive, as well as two additional connections on Goggins Lane. The property is zoned B-3, Highway Business District. Average daily traffic count of approximately 69,418 ('22 VPD) on I-75 at Exit 87. Richmond Centre is the dominant retail development in the market and the largest center on I-75 between Lexington, Kentucky and Knoxville, Tennessee. The location is within Richmond/Madison County, one of the fastest-growing communities in Kentucky. Potential uses include a restaurant lot of approximately 1 to 2 acres and hotel/apartment lots of approximately 3.5 to 7 acres. A 216-unit apartment development is planned to start in 2025 just north of the site. New neighborhood development and a middle school are under construction on Goggins Lane.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial land

Map

City
Richmond
County
Madison
State
Kentucky
Longitude
-84.3310326
Latitude
37.7369398

FAQs

What type of property is this?
Commercial land - Up to 10 acres available in Richmond Centre.
Where is this commercial land located?
The property is located at Lantern Ridge Dr Richmond, KY.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: - Located in Richmond Centre, a +700,000 SF regional shopping center anchored by major retailers.; - Excellent I-75 visibility with nearly one mile of frontage.; - Located in Richmond/Madison County, one of the fastest-growing communities in Kentucky.
More about this property
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