K-1 Highland Dr Richmond, KY 40475
- Commercial real estate
- 1.25 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for K-1 Highland Dr
- Lot size
- 1.25 lot acres
- Property type
- Commercial real estate
Description
This exceptional 1.25-acre commercial lot presents a unique development opportunity in Richmond, Kentucky. Strategically located at the highly trafficked intersection of Highway 52 and the Eastern Bypass, this property boasts an average daily traffic count of 32,920 vehicles, ensuring maximum visibility and accessibility for any business. The site is ideally situated between Outback Steakhouse and several office buildings, benefiting from established commercial presence and high foot traffic. Its level topography simplifies development, and all utilities are readily available at or near the property. Zoned B-3/Commercial, this land is perfectly suited for retail or office development, offering significant potential for return on investment. The property's prominent location within Richmond's Bypass Corridor, surrounded by high-density retail and residential areas, guarantees a strong customer base and high potential for success. This is a rare opportunity to acquire a prime commercial parcel in a thriving Kentucky market. The level terrain and readily available utilities minimize development costs and timelines, making this an attractive proposition for developers seeking a quick and efficient project launch. Don't miss this chance to secure a highly visible and strategically located commercial property in a rapidly growing area.
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
- -84.2629
- Latitude
- 37.7365
