I-75 Exit 95 / Boonesborough Rd Richmond, KY 40475
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.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.