Richmond Commercial Land For
For Sale
Contact for pricing
2047 Merchant Dr Outparcel2 Richmond KY USA, Richmond, KY 40475
52.6 acres of commercial land with outlots and in-line spaces.
Property SizeContact for details
Lot Size52.60 Acres
Days on Market894
Property Features for 2047 Merchant Dr Outparcel2 Richmond KY USA
General Information
Standard status
Active
Lot size
52.60 Acres
Property subtype
Land
Zoning
B-3
Listing Agency:
Block + Lot
Listed By:
Greg Leveridge · License #KY 71312
(859) 421-8959
Source:
Crexi
Added: Apr 1, 2024
Changed: Sep 7
Last Checked: Sep 11 at 8:20AM
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
Investment Insights
Based on property information with market context.
Merchant Place, located off the Robert Martin Bypass at Four Mile Road in Richmond, Kentucky, comprises 52.6 acres. The site, anchored by Kohl’s, offers approximately 500,000 square feet of space. Outlots and in-line spaces are available, with rates subject to build-to-suit options and subdivision details. Flexibility exists regarding lot size offerings. The location is approximately 20 minutes south of Lexington, situated between Merrick Road and Four Mile Road. The property is positioned within the growth corridor of Richmond, surrounded by residential developments, including over 600 recently constructed homes adjacent to the site. Lot #3, consisting of 6 acres, is for sale at $300,000 per acre. Outparcel #2, spanning 1.772 acres, is available for sale at $750,000 per acre.
Key Highlights
- Anchored by Kohl's Department Store
- Located directly off the Robert Martin Bypass at Four Mile Rd.
- Located in the growth corridor of Richmond, surrounded by homes
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
288
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?
Commercial land - 52.6 acres of commercial land with outlots and in-line spaces.
Where is this commercial land located?
The property is located at 2047 Merchant Dr Outparcel2 Richmond KY USA Richmond, KY.
What is the asking price?
The asking price for this property is $1,329,000.
What are key features of this property?
This property features: Anchored by Kohl's Department Store; Located directly off the Robert Martin Bypass at Four Mile Rd.; Located in the growth corridor of Richmond, surrounded by homes
