Listing Agency: Diamond Realty & Properties LLC

Listed By: Amy Boone · License #212432 Show Phone

Source: Sweethomeky

Added: Oct 23 Changed: Oct 27 Last Checked: Oct 28 at 7:26AM

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Investment Insights

Based on property information with market context.

The property includes approximately 12 acres of I-1 light industrial land and approximately 6 acres of B-3 retail land. Utilities are at the site, supporting the parcel’s industrial and retail components.

The retail-zoned portion fronts Irvine Road at 1951 Irvine Road in Richmond, Kentucky.

Key Highlights

• Approximately 12 acres zoned I‑1 light industrial
• Approximately 6 acres of B‑3 retail land fronting Irvine Road
• Utilities at the site

Property Analytics

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Open Analytics

Suggested Use

Top Pick Law Firm Storage Facility (Bike/Boat/Book/etc) Store Electrical Service Grocery & Convenience Store Food Market

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

220

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

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?

Industrial land - A mixed-use land parcel combines light industrial and retail zoning, with utilities at the site.

Where is this industrial land located?

The property is located at 1951 Irvine Rd Richmond, KY.

What is the asking price?

The asking price for this property is $1,850,000.

What are key features of this property?

This property features: Approximately 12 acres zoned I‑1 light industrial; Approximately 6 acres of B‑3 retail land fronting Irvine Road; Utilities at the site