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Specialty Property with Workshop Barn

7015-7019 Old Richmond Road, Lexington, KY 40515

For Sale
$995,000

Two residences and a serviced workshop occupy a partly fenced rural property zoned AR.

Property Size4,274 SF
Lot Size7.50 Acres
Price / SF$232.80
Days on Market70

Property Features for 7015-7019 Old Richmond Road

General Information

Standard status Active
Size 4,274 SF
Lot size 7.50 Acres
Property subtype Farm
Zoning AR

Site & Location

Neighborhood Old Richmond Rd Nghd Assoc
Highway Access Yes

Amenities

Breakfast Bar
Eat-in Kitchen
Primary First Floor
Walk-In Closet(s)
Ceiling Fan(s)

Building Details

Building Size 4,274 SF
Year Built 1951
Stories 2
Listing Agency: Kentucky Residential Real Estate, LLC
Listed By: Stephanie Hacker
Source: Bluegrasspropertiesgroup
Added: Sep 2 Changed: Nov 7 Last Checked: Nov 9 at 8:52PM

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 Kentucky Residential Real Estate, LLC

Rey
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Investment Insights

Based on property information with market context.

Set on 7.5 acres, this specialty property includes two homes and a 40-by-56-foot barn/workshop. The main residence has an open layout, two wood-burning fireplaces, an attached two-car garage, and updates to the roof, HVAC, electrical system, flooring, fixtures, and cabinets. The second home features an updated kitchen and mostly hardwood floors.

The workshop has a concrete floor, heating and cooling, electricity, water, a lean-to, an attached shed, and garage-door access. The primary garage door accommodates taller vehicles. The mostly level, gently rolling acreage is partly fenced and includes trails, with land suitable for horses or a small amount of livestock. I-75 is about three minutes away; the University of Kentucky is 15–20 minutes away, and Lexington’s Hamburg shops and restaurants are 10–15 minutes away.

Key Highlights

  • 7.5 acres with two homes
  • 40‑by‑56‑foot barn/workshop with concrete floor, heating, cooling, electricity, and water
  • Main home includes two wood‑burning fireplaces and an attached two‑car garage

Property Analytics

Current Use

Specialty properties

Suggested Use

Top Pick Building Supply Wine and Liquor Store Bar & Pub Department 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
Highway access

Location Intelligence

Trade Area within ½ mile

11
Businesses Nearby

Demographics for 40515, KY

36,244
Population
16,031
Households
2.3
Avg Household Size
38
Median Age
53%
College-Educated
96%
High-School Grad
55.3 sq mi
ZIP Area
655
Density / Sq Mi
$83,782
Median Household Income
$43,127
Median Earnings
$1,234
Median Rent
$317,400
Median Home Value

Frequently Asked Questions

What type of property is this?
Specialty property - Two residences and a serviced workshop occupy a partly fenced rural property zoned AR.
Where is this specialty property located?
The property is located at 7015-7019 Old Richmond Road Lexington, KY.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 7.5 acres with two homes; 40‑by‑56‑foot barn/workshop with concrete floor, heating, cooling, electricity, and water; Main home includes two wood‑burning fireplaces and an attached two‑car garage
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