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Commercial Land Out Parcel
For Sale
$1,400,000

2072 Merchant Drive, Richmond, KY 40475

Land, Richmond, KY

Property SizeContact for details
Lot Size1.71 Acres
Days on Market297

Property Features for 2072 Merchant Drive

General Information

Property type Land
Property subtype Other
Zoning description B-3
Subdivision Commercial
Directions Located right off of Robert Martin Bypass in Richmond and Merchant Drive next to the Citizens Guarantee Bank.
Standard status Active
APN 0068-006A-0011-B
Lot size 1.71 Acres
Listing Agency: Block + Lot Homes
Listed By: Gregory Leveridge · License #215416
Added: Dec 3, 2025 Changed: Sep 12 Last Checked: Sep 26 at 3:06PM
MLS# 25507301

Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1.71-acre commercial out parcel offers a development site with utilities to the property and direct access from the Robert Martin Bypass. The parcel is positioned for commercial uses including restaurants, banks, retail, and office space.

The property is located off the Richmond Bypass between Merrick Road and Four Mile Road. The surrounding commercial setting includes a Kohl's-anchored retail site with Speedway, Citizens Guarantee Bank, Domino's, Popeye's, Stock Yards Bank, and New Vista nearby, along with high-density residential areas.

Key Highlights

  • 1.71‑acre commercial out parcel
  • Access from the Robert Martin Bypass
  • Utilities to site

Property Analytics

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Current Use

Commercial land

Suggested Use

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

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

269
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - 1.71-acre commercial site with utilities available and access from the Robert Martin Bypass.
Where is this commercial land located?
The property is located at 2072 Merchant Drive Richmond, KY.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 1.71‑acre commercial out parcel; Access from the Robert Martin Bypass; Utilities to site
More about this property
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