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    Warehouses

    305 Geri Ln, Richmond, KY 40475

    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity encompasses two strategically located buildings situated at 305 Geri Lane and 415 Leighway Drive in Richmond, Kentucky. The combined property offers over 14,000 square feet of retail space, presenting a significant potential for diverse commercial uses. The buildings are ideally positioned near the Eastern Kentucky University bypass and Interstate 75, ensuring excellent accessibility and high visibility for businesses. This prime location within Madison County, Kentucky, zip code 40475, offers unparalleled convenience and exposure to a substantial customer base. The property is classified as industrial and land, with a warehouse and commercial subtype. The asking price for this remarkable investment is $1,399,999. Given the substantial square footage and strategic location, this property represents a rare chance to acquire a significant commercial holding with considerable growth potential. The precise square footage of each individual building is not specified, but the combined total exceeds 14,000 square feet. This presents a unique opportunity for investors seeking a substantial presence in a thriving Kentucky market. Further due diligence is recommended to fully assess the potential of this significant investment.

    Property profile
    Verified
    Property type Warehouses
    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
    Current use
    Occupant on record · Public records
    • ARK Tactical Inc (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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