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Platted B-3 Development Land
For Sale
$3,200,000

999 Dr Robert R Martin Bypass, Richmond, KY 40475

LAND - Richmond, KY

Property SizeContact for details
Lot Size16.00 Acres
Days on Market522

Property Features for 999 Dr Robert R Martin Bypass

General Information

Property type Land
Property subtype Other
Zoning description B-3 commercial
Subdivision Commercial
Lot features Irregular Lot
Directions In the heart of the city of Richmond, located between Save A Lot and Gates Honda facing Robert R Martin Bypass with plat showing Atwood Dr and Merrick Dr, convenient to I75 Exit 90, very close to Irvine Rd (52) and downtown Richmond.
Standard status Active
APN 0068-0000-0014-A
Lot size 16.00 Acres
Listing Agency: CENTURY 21 Advantage Realty
Listed By: Stacey A Kelly · License #195547
Added: Mar 11, 2025 Changed: Jun 8 Last Checked: Aug 14 at 11:06AM
MLS# 25004524

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 offering is 16 acres of commercial land zoned B-3. The property is referenced in the plat cabinet as “Plat Cabinet 15, Slide 243” in Madison County, Kentucky. A 2018 preliminary development plat was prepared and surveyed, and lines shown in the materials are approximate only. The preliminary plat was not taken for final approval, and lot 1 was sold in 2018 by minor plat, leaving the remainder of the development footprint for a new owner to pursue.

The land is located along Robert Martin Bypass in Richmond, Kentucky, between a Save A Lot and a Honda dealership. The seller states the site is surrounded by a mix of high-density commercial (retail/office) and residential uses. The seller will entertain offers for a smaller portion of the acreage, and the PVA records reflect 16 acres (the original plat reflects 17 acres, including the lot 1 section sold by minor plat).

For buyers or developers, the practical takeaway is that the property already has documented platwork on file and a zoning designation suitable for B-3 commercial development. The seller notes that a new owner could resubmit for re-approval of the preliminary plat and could pursue final approval by contacting the city to confirm the current process and requirements.

Key Highlights

  • Highly desirable 16‑acre development property on Robert Martin Bypass.
  • Prime location surrounded by high‑density commercial (retail/office) and residential areas.
  • Zoned B‑3 commercial, suitable for a wide range of business ventures.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Hair Salon Dental Office Pharmacy

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

Location Intelligence

Trade Area within ½ mile

21
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Zoned B-3 commercial development land with existing preliminary plat history along Robert Martin Bypass in Madison County.
Where is this commercial land located?
The property is located at 999 Dr Robert R Martin Bypass Richmond, KY.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Highly desirable 16‑acre development property on Robert Martin Bypass.; Prime location surrounded by high‑density commercial (retail/office) and residential areas.; Zoned B‑3 commercial, suitable for a wide range of business ventures.
More about this property
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