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Property profile & analytics
OFF-MARKET
Land

I-75 Exit 95 / Boonesborough Rd Richmond, KY 40475

19 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 19 ac (827,640 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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