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Property profile

118 Meridian Way Richmond, KY 40475

OFF-MARKET
Retail properties & Spaces
6,000 SF Built 2012
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Property summary

AI-generated overview

This exceptional 1,500 square-foot medical office suite, located at 118 Meridian Way, Suite 4 in Richmond, Kentucky, presents a fantastic opportunity. Built in 2012, this single-tenant space is part of a larger 6,000 square-foot building situated on a 1.71-acre lot. The property enjoys a highly visible end-cap location just off I-75 at Exit 87, providing excellent accessibility and exposure. The interior features a well-designed layout including a reception area, open workspace, individual offices or exam rooms, and two restrooms. Ample paved parking is available for both staff and patients. The building is zoned B-3 Highway Business and benefits from its proximity to other restaurants, retail establishments, and medical facilities, making it an ideal location for healthcare providers seeking to establish or expand their practice. The modern infrastructure and convenient amenities create a welcoming and efficient environment. This property offers a unique blend of accessibility, functionality, and a prime location within a thriving community. The property's APN is 0042-0034-0001-B3.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2012
Total area 6,000 SF

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Dental Office
  • Dental Office
  • Loan Service
  • Weight Loss Service
  • Clothing & Fashion Store

Location

118 Meridian Way Richmond, KY 40475
Richmond metro
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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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