B-3 Commercial
For Lease
$11,813/Mo
2047 Merchant Drive, Richmond, KY 40475
B-3-zoned commercial land within a Kohl’s-anchored development near Richmond’s growth corridor.
Space SizeContact for details
Days on Market2992
Property Features for 2047 Merchant Drive
General Information
Standard status
Active
Property subtype
Land
Zoning
B-3
Lease Type
NNN
Spaces For Lease
at 2047 Merchant Drive Contact usAvailable Space $11,813/Mo
Contact us
Listing Agency:
Block & Lot Real Estate
(859) 309-0099
Listed By:
Gregory Leveridge · License #215416
(859) 309-0099
Source:
Kcrea.resimplifi
Added: Jun 21, 2018
Changed: Aug 27
Last Checked: Aug 28 at 6:49AM
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 Block & Lot Real Estate
Investment Insights
Based on property information with market context.
Out Parcel #2 comprises 1.772 acres within Merchant Place, a 52.6-acre commercial development with approximately 500,000 SF and Kohl’s as its anchor. The parcel is identified for commercial development and carries B-3 zoning.
Merchant Place sits along the Robert Martin Bypass near Four Mile Road in Richmond, Kentucky, with access from the bypass corridor. The development lies between Merrick Road and Four Mile Road, approximately 20 minutes south of Lexington. More than 600 new homes have been constructed immediately adjacent to the site, providing established residential surroundings.
Additional outlots and inline space are part of the broader development, with lot sizing flexibility described for the property. This offering is specifically identified as Out Parcel #2.
Merchant Place sits along the Robert Martin Bypass near Four Mile Road in Richmond, Kentucky, with access from the bypass corridor. The development lies between Merrick Road and Four Mile Road, approximately 20 minutes south of Lexington. More than 600 new homes have been constructed immediately adjacent to the site, providing established residential surroundings.
Additional outlots and inline space are part of the broader development, with lot sizing flexibility described for the property. This offering is specifically identified as Out Parcel #2.
Key Highlights
- 1.772‑acre Out Parcel #2
- B‑3 zoning
- Merchant Place totals 52.6 acres
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
288
Businesses Nearby
94k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 56%
Apparel 27%
Groceries 16%
Home Improvements & Furnishings 1%
Kohl's
Apparel
25,060 visits/mo
0.0 miles
Speedway
Shops & Services
22,902 visits/mo
0.1 miles
Save-A-Lot
Groceries
14,667 visits/mo
0.2 miles
Shell
Shops & Services
10,843 visits/mo
0.1 miles
BP
Shops & Services
8,290 visits/mo
0.4 miles
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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - B-3-zoned commercial land within a Kohl’s-anchored development near Richmond’s growth corridor.
Where is this commercial land located?
The property is located at 2047 Merchant Drive Richmond, KY.
What is the lease rate?
The lease rate is $11,813/Mo.
What are key features of this property?
This property features: 1.772‑acre Out Parcel #2; B‑3 zoning; Merchant Place totals 52.6 acres
