2891 Richmond Rd Lexington, KY 40509

Listing agency Hogan Real Estate

Listed by Justin R Phelps · License #KY 30498665

Source Crexi

Added: Apr 12 Updated: Jul 22 at 9:22AM Checked: Jul 22 at 9:22AM

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Investment Insights

Based on property information with market context.

This 1.3± acre commercial land opportunity is available for sale, ground lease, or build-to-suit development for retail or restaurant use. The site offers excellent street-front visibility along heavily trafficked Richmond Road and includes a large pylon sign available solely for outlot use. Access is supported by convenient entry points to two signalized traffic lights, along with a cut-off on Richmond Road directly in front of the property.

Located at 2891 Richmond Rd in Lexington, the property sits in a prominent retail and restaurant hub approximately four miles from the University of Kentucky. It is positioned in front of Lowe’s and across from a newly constructed retail development featuring FirstWatch, Skyline Chili, and LaRosa’s Pizzeria. Additional nearby retailers and restaurants listed include Kroger, Home Depot, Burlington, Chili’s, Panera Bread, Krispy Kreme, Starbucks, and Walgreens, with surrounding employers including Valvoline World Headquarters, Aramark, and International Paper.

Key Highlights

• 1.3± acre ground lease or build‑to‑suit retail/restaurant site
• Prominent Richmond Road street frontage with 40,088 VPD (19)
• Convenient access with two signalized traffic lights and a cut‑off on Richmond Rd directly in front of the site

Property Analytics

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FAQs

What type of property is this?

Commercial land - Ground lease or build-to-suit retail/restaurant site with prominent street frontage on a 40,088 VPD corridor.

Where is this commercial land located?

The property is located at 2891 Richmond Rd Lexington, KY.

What are key features of this property?

This property features: 1.3± acre ground lease or build‑to‑suit retail/restaurant site; Prominent Richmond Road street frontage with 40,088 VPD (19); Convenient access with two signalized traffic lights and a cut‑off on Richmond Rd directly in front of the site