I-75 Exit 95 / Boonesborough Rd Richmond, KY 40475
- Land
- 19.00 lot acres
Current Use by Public Records
- Land
Property Details for I-75 Exit 95 / Boonesborough Rd
- Lot size
- 19.00 lot acres
- Property type
- Land
Description
This exceptional 19-acre commercial land parcel presents a significant development opportunity near Richmond, Kentucky. Strategically located at I-75 Exit 95 and Boonesborough Road, this property boasts high visibility and convenient access. The land is zoned UC-4 IC (Urban Corridor, Interstate Commercial), allowing for a wide range of commercial uses, including professional offices, motels, gas stations, and some light industrial applications. The site's configuration, resulting from a recent road relocation project, offers parcels with access to both Boonesborough Road and Simpson Lane, including a traffic-lighted corner. One parcel includes an existing rental home and small commercial storage unit, offering potential for immediate income generation or redevelopment. The property's proximity to the recently renovated I-75 Exit 95, featuring a four-to-six lane bridge and new traffic signals, ensures excellent accessibility and high traffic volume. The asking price is $300,000 per acre, with leasing options also available at $5,000 per acre per month. This is a rare opportunity to acquire a substantial tract of land in a rapidly growing area with exceptional development potential. The property's size and zoning make it ideal for a variety of commercial ventures, offering significant returns on investment. Don't miss this chance to secure a prime location for your next project.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Richmond
- County
- Madison
- State
- Kentucky
- Longitude
- -84.3171
- Latitude
- 37.767
