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Property profile

100 Interstate Dr Richmond, KY 40475

OFF-MARKET
Retail properties & Spaces
2.33 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Lot 2.33 ac (101,495 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

100 Interstate Dr Richmond, KY 40475
Richmond metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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