1030 Amberly Way Richmond, KY 40475
- Land
- 1.45 lot acres
Current Use by Public Records
- Land
Property Details for 1030 Amberly Way
- Lot size
- 1.45 lot acres
- Property type
- Land
Description
This exceptional 1.45-acre commercial land parcel presents a remarkable development opportunity in Richmond, Kentucky. Situated in a high-traffic area near Interstate 75, exit 87, this B-3 zoned property enjoys unparalleled visibility and accessibility. The location is ideal, boasting proximity to a thriving retail corridor, numerous restaurants, hotels, and office spaces, as well as Eastern Kentucky University (EKU) and Baptist Hospital. This strategic position places the land within easy reach of a substantial daily commuter flow and interstate travelers seeking dining and shopping options. The property benefits from its placement within the expanding Richmond city limits, adjacent to the Goggins Lane mixed-use project and a forthcoming multi-million-dollar city park. This ensures future growth and increased property value. The site is ready for immediate development, suitable for a wide range of commercial uses including hotels, restaurants, and inline retail establishments. The property is available for both sale and lease, offering flexibility to suit various investment strategies. This is a rare opportunity to acquire a prime commercial land parcel in a rapidly growing area with significant potential for substantial returns. The B-3 zoning allows for a diverse range of development options, making this an attractive investment for developers seeking a high-impact project in a dynamic market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Richmond
- County
- Madison
- State
- Kentucky
- Longitude
- -84.3277
- Latitude
- 37.7326
