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B-3 Commercial Outparcel
For Sale
$1,392,000

2047 Merchant Drive, Richmond, KY 40475

B-3-zoned commercial land within a Kohl’s-anchored retail site near established and new residential development.

Property SizeContact for details
Days on Market2997

Property Features for 2047 Merchant Drive

General Information

Standard status Active
Property subtype Land
Zoning B-3
Listing Agency: Block & Lot Real Estate
Listed By: Gregory Leveridge · License #215416
Source: Kcrea.resimplifi
Added: Jun 21, 2018 Changed: Aug 29 Last Checked: Sep 2 at 1:45PM

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 of commercial land within a Kohl’s-anchored retail development. The parcel is zoned B-3 and is offered for sale, with ground-lease availability also identified. Build-to-suit and subdivision options are available, subject to project details.

The property is positioned along Merchant Drive near Four Mile Road and the Robert Martin Bypass in Richmond, Kentucky. The broader 52.6-acre development lies between Merrick Road and Four Mile Road, approximately 20 minutes south of Lexington. More than 600 newly constructed homes are directly adjacent to the site, with residential areas surrounding the development.

Key Highlights

  • 1.772‑acre Out Parcel #2 available within a Kohl’s‑anchored retail development
  • B‑3 zoning
  • Located near Four Mile Road and the Robert Martin Bypass

Property Analytics

Current Use

Kohl's Department Store

Suggested Use

Top Pick Real Estate Agency Restaurant Hair Salon Building Supply Pharmacy Nail Salon

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

288
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - B-3-zoned commercial land within a Kohl’s-anchored retail site near established and new residential development.
Where is this commercial land located?
The property is located at 2047 Merchant Drive Richmond, KY.
What is the asking price?
The asking price for this property is $1,392,000.
What are key features of this property?
This property features: 1.772‑acre Out Parcel #2 available within a Kohl’s‑anchored retail development; B‑3 zoning; Located near Four Mile Road and the Robert Martin Bypass
More about this property
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