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Richmond Land for Sale

2047 Merchant Dr Lot 3 Richmond, KY 40475

2047 Merchant Dr Lot 3, Richmond, KY, 40475
Contact for pricing
For Sale
Contact for pricing

52.6 acres of commercial land in Richmond, Kentucky.

Lot Size52.60 Acres
Days on Market2528

Property Features for 2047 Merchant Dr Lot 3

General Information

Standard status
Active
Lot size
52.60 Acres
Property subtype
Land
Listing Agency Block + Lot
Listed by Greg Leveridge · License #KY 71312
Source Crexi
Added: Aug 19, 2019 Updated: Jul 6 at 8:34 am Checked: Jul 20 at 3:41 am

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


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

Property Profile Location Intelligence

Current Use by Public Records

Kohl's Department Store

Suggested Use

Real Estate Agency Restaurant Hair Salon Building Supply Pharmacy Nail Salon Spa & Massage Center Storage Facility Grocery & Convenience Store Big Box & Wholesale Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

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 Dr Lot 3 Richmond, KY.
What is the asking price?
The asking price for this property is $2,391,000.
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
Contact an agent
(859) 421-8959 Call to check price and availability
More about this property
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