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Richmond Centre Land Opportunity
For Sale
$425,000

Lantern Ridge Dr, Richmond, KY 40475

Up to 10 acres available in Richmond Centre.

Property SizeContact for details
Days on Market273

Property Features for Lantern Ridge Dr

General Information

Standard status Active
Property subtype Retail
Listing Agency: NAI Isaac
Listed By: Jim Kemper · License #KY #189559
Source: Naiglobal
Added: Nov 22, 2025 Changed: Aug 21 Last Checked: Aug 22 at 4:13AM

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 NAI Isaac

Investment Insights

Based on property information with market context.

Available for sale is up to approximately 10 acres of commercial land located within the Richmond Centre at Barnes Mill Road and I-75 in Richmond, Kentucky. The site benefits from excellent visibility from I-75. Richmond Centre is a regional shopping center of over 700,000 square feet, anchored by Meijer, Cinemark, Belk, JCPenney, HomeGoods, TJ Maxx, Dick's Sporting Goods, and Ulta. Access to the site and Richmond Centre is provided by two signalized entrances on Barnes Mill Road (Eastern By-Pass) via Lantern Ridge Drive, as well as two additional connections on Goggins Lane. The property is zoned B-3, Highway Business District. Average daily traffic count of approximately 69,418 ('22 VPD) on I-75 at Exit 87. Richmond Centre is the dominant retail development in the market and the largest center on I-75 between Lexington, Kentucky and Knoxville, Tennessee. The location is within Richmond/Madison County, one of the fastest-growing communities in Kentucky. Potential uses include a restaurant lot of approximately 1 to 2 acres and hotel/apartment lots of approximately 3.5 to 7 acres. A 216-unit apartment development is planned to start in 2025 just north of the site. New neighborhood development and a middle school are under construction on Goggins Lane.

Key Highlights

  • Located in Richmond Centre, a +700,000 SF regional shopping center anchored by major retailers.
  • Excellent I‑75 visibility with nearly one mile of frontage.
  • Located in Richmond/Madison County, one of the fastest‑growing communities in Kentucky.

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

341
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 - Up to 10 acres available in Richmond Centre.
Where is this commercial land located?
The property is located at Lantern Ridge Dr Richmond, KY.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Located in Richmond Centre, a +700,000 SF regional shopping center anchored by major retailers.; Excellent I‑75 visibility with nearly one mile of frontage.; Located in Richmond/Madison County, one of the fastest‑growing communities in Kentucky.
More about this property
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