2047 Merchant Dr Outparcel2 Richmond KY USA Richmond, KY 40475

Listing Agency Block + Lot Show Phone

Listed by Greg Leveridge · License #KY 71312

Source Crexi

Added: Apr 1, 2024 Updated: Jul 6 at 7:48 am Checked: Jul 19 at 8:48 am

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Investment Insights

Based on property information with market context.

Merchant Place, located off the Robert Martin Bypass at Four Mile Road in Richmond, Kentucky, comprises 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 approximately 20 minutes south of Lexington, situated between Merrick Road and Four Mile Road. The property is positioned within the growth corridor of Richmond, surrounded by residential developments, including over 600 recently constructed homes 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 available 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

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FAQs

What type of property is this?

Commercial land - 52.6 acres of commercial land with outlots and in-line spaces.

Where is this commercial land located?

The property is located at 2047 Merchant Dr Outparcel2 Richmond KY USA Richmond, KY.

What is the asking price?

The asking price for this property is $1,329,000.

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