Small Multifamily Development
For Sale
$120,000
120 Boggs Lane, Richmond, KY 40475
LAND - Richmond, KY
Property SizeContact for details
Lot Size0.22 Acres
Days on Market93
Property Features for 120 Boggs Lane
General Information
Property type
Land
Property subtype
Other
Zoning
R-2
Zoning description
r3
Subdivision
Downtown
Lot features
Cleared
Directions
Eastern Bypass to Boggs Lane. Lot on left
Standard status
Active
APN
R011-0002-0018
Lot size
0.22 Acres
Listing Agency:
The Real Estate Co.
(859) 979-1508
Listed By:
Kim Caywood · License #266856
(859) 979-1508
Added: May 22
Changed: Jun 17
Last Checked: Aug 22 at 5:06PM
MLS# 26011676
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.
Investment Insights
Based on property information with market context.
This vacant residential lot is offered for sale in a redevelopment-focused corridor. The property is zoned R-2, and public remarks indicate it is reportedly suited for a 4-plex configuration, making it a potential fit for buyers planning small-scale multifamily or workforce housing.
The site is located on Boggs Lane in Richmond, Kentucky, near Big Hill Avenue. It also sits close to Eastern Kentucky University, downtown Richmond, and the Eastern Bypass growth corridor, supporting practical access for future tenants and visitors.
For developers and owner-operators, this parcel’s residential zoning and small-multifamily direction in the remarks can be helpful when evaluating feasible layouts and site planning. Its location near major area corridors and established local demand drivers may also be relevant for those seeking a manageable project size within an active mixed-use and redevelopment area. Interested parties should confirm all intended use, configuration, and suitability with the appropriate local authorities.
The site is located on Boggs Lane in Richmond, Kentucky, near Big Hill Avenue. It also sits close to Eastern Kentucky University, downtown Richmond, and the Eastern Bypass growth corridor, supporting practical access for future tenants and visitors.
For developers and owner-operators, this parcel’s residential zoning and small-multifamily direction in the remarks can be helpful when evaluating feasible layouts and site planning. Its location near major area corridors and established local demand drivers may also be relevant for those seeking a manageable project size within an active mixed-use and redevelopment area. Interested parties should confirm all intended use, configuration, and suitability with the appropriate local authorities.
Key Highlights
- Prime redevelopment opportunity in a strong Richmond corridor.
- Excellent visibility and access near Boggs Lane and Big Hill Avenue.
- Close proximity to EKU, downtown Richmond, and the Eastern Bypass.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
906
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Vacant lot zoned for residential use, reportedly suited for a small 4-plex configuration.
Where is this residential land & home lot located?
The property is located at 120 Boggs Lane Richmond, KY.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: Prime redevelopment opportunity in a strong Richmond corridor.; Excellent visibility and access near Boggs Lane and Big Hill Avenue.; Close proximity to EKU, downtown Richmond, and the Eastern Bypass.
