Richmond Land for
For Sale
$1,392,000
2047 Merchant Drive, Richmond, KY 40475
52.6 acres of commercial land in Richmond, Kentucky.
Property SizeContact for details
Lot Size52.60 Acres
Days on Market3004
Property Features for 2047 Merchant Drive
General Information
Standard status
Active
Lot size
52.60 Acres
Property subtype
Land
Zoning
B-3
Listing Agency:
Block & Lot Real Estate
Listed By:
Gregory Leveridge · License #215416
(859) 309-0099
Source:
Kcrea.resimplifi
Added: Jun 21, 2018
Changed: Sep 6
Last Checked: Sep 9 at 5:15AM
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.
Located off the Robert Martin Bypass at Four Mile Road in Richmond, Kentucky, Merchant Place encompasses 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 situated off the Richmond Bypass between Merrick Road and Four Mile Road, approximately 20 minutes south of Lexington. The site is anchored by Kohl's Department Store, with outparcels available for ground lease. It is positioned within the growth corridor of Richmond, surrounded by residential developments. Over 600 new homes have been recently constructed directly 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 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
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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
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Frequently Asked Questions
What type of property is this?
Commercial land - 52.6 acres of commercial land in Richmond, Kentucky.
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: 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
