100 Interstate Dr Richmond, KY 40475
- Retail properties
- 2.33 lot acres
Current Use by Public Records
- Retail properties
Property Details for 100 Interstate Dr
- Lot size
- 2.33 lot acres
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
This exceptional 2.33-acre commercial land parcel presents a remarkable investment opportunity. Strategically located off I-75 at Exit 97, between Lexington and Richmond, Kentucky, this property boasts unparalleled visibility and accessibility. With daily traffic counts exceeding 75,000 vehicles, this site is ideally suited for a variety of commercial ventures, particularly hotels or restaurants. The property is comprised of two parcels, 100 Interstate Dr (1.19 acres) and 110 Interstate Dr (1.14 acres), being sold together as a single, combined lot. Its advantageous location is further enhanced by its adjacency to an 8.43-acre BP truck stop, ensuring a steady stream of potential customers. The property is zoned UC-41C (Interstate Commercial), allowing for a wide range of development possibilities. The asking price is $899,000, translating to $385,836 per acre. This represents a compelling value proposition given the property's prime location, high traffic volume, and zoning designation. Don't miss this chance to acquire a highly desirable commercial property in a thriving Kentucky market. The address is 100 Interstate Dr, Richmond, KY 40475.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Richmond
- County
- Madison
- State
- Kentucky
- Longitude
- -84.3211
- Latitude
- 37.7358