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Property profile & analytics
OFF-MARKET
Commercial real estate

412 Farris Park Blvd Richmond, KY 40475

1.48 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.48-acre commercial lot, located at 412 Farris Parks Boulevard in Richmond, Kentucky, presents a prime opportunity for development. Zoned B-3, this flat parcel boasts nearly 300 feet of road frontage, providing excellent visibility and accessibility. Its strategic location near the Robert R Martin Bypass ensures high traffic volume and convenient access to major transportation routes, making it ideal for a variety of commercial ventures. The property is remarkably build-ready, requiring minimal, if any, groundwork preparation, significantly reducing development time and costs. Existing infrastructure, including a sidewalk, is already in place, further streamlining the construction process. This ready-to-develop lot offers a unique blend of convenience, accessibility, and growth potential in a thriving area of Richmond. The expansive frontage and flat terrain make it suitable for a wide range of commercial uses, from retail establishments to light industrial facilities. Don't miss this chance to secure a prime piece of commercial real estate in a rapidly developing area. The asking price is $425,000.

Property profile
Verified
Property type Commercial real estate
Lot 1.48 ac (64,469 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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