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Riverfront Farm With Commercial Shop
For Sale
$1,250,000

3700 River Drive, Richmond, KY 40475

Commercial Sale, Richmond, KY

Property Size3,333 SF
Lot Size58.00 Acres
Price / SF$375.04
Days on Market53

Property Features for 3700 River Drive

General Information

Property type Commercial Sale
Property subtype Other
Zoning AR
Zoning description Non conforming
Subdivision Rural
Directions From Lexington take I-75 S, take Exit 97. Turn right onto US-25 S/US-421 S/ Lexington Road and continue for approximately 1.4 miles. Turn right onto Lower Hines Creek Rd and continue for approximately 1.1 miles. Turn right onto River Hill Dr, then turn left to stay on River Hill Dr. Continue onto Valley Dr and turn right onto River Dr. The destination will be on the left.
Standard status Active
APN 0038-0003-0032-A
Size 3,333 SF
Lot size 58.00 Acres

Utilities

Utilities Cable Available
Sewer type Septic Tank
Heating system Propane (Heating)

Amenities

geothermal HVAC
propane fireplace
concrete boat ramp
electronic gated entrance

Building Details

Year built 1990
Floors in Building 1
Building materials Aluminum Siding
Roof type Metal
Listing Agency: Berkshire Hathaway HomeServices Foster Realtors · Prudential Real Estate
Listed By: Amanda S Marcum · License #214077
Added: Jul 20 Changed: Sep 10 Last Checked: Sep 10 at 11:06PM
MLS# 26019691

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 58-acre farm includes a 3,300+/- sq. ft. custom residence with 2x6 exterior walls, geothermal heating and cooling, Andersen windows, a propane fireplace, an oversized 3-car attached garage, and an unfinished walkout basement with a private driveway. The property also features a 123' x 50' heated commercial shop with office space, a half bath, 220-volt electrical service with a phase converter, and separate utilities. The shop is grandfathered for commercial use by Madison County Planning & Zoning and has operated as a large machine repair business.

Agricultural improvements include a 60' x 35' cedar barn with loft, water, and electric service, along with nearly one mile of metal pipe fencing supporting approximately 18-20 head of cattle. More than 1,700 feet of Kentucky River frontage and a private concrete boat ramp provide direct water access. The gated property is located near I-75, with Blue Grass Airport approximately 40-45 minutes away.

Key Highlights

  • 58 acres with over 1,700 feet of Kentucky River frontage
  • 123' x 50' heated commercial shop with office, half bath, and separate utilities
  • 3,300+/- sq. ft. residence with geothermal heating and cooling

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Building Supply Garden Center Real Estate Agency Computer & Electronic Repair Restaurant Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Fenced yard
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

11
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
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Farm - Working farm with river access, livestock improvements, a residence, and a commercial shop with separate utilities.
Where is this farm located?
The property is located at 3700 River Drive Richmond, KY.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 58 acres with over 1,700 feet of Kentucky River frontage; 123' x 50' heated commercial shop with office, half bath, and separate utilities; 3,300+/- sq. ft. residence with geothermal heating and cooling
More about this property
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