118 Meridian Way Richmond, KY 40475
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.