Boonesborough Rd Richmond, KY 40475
- Land
- 12.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Boonesborough Rd
- Lot size
- 12.00 lot acres
- Property type
- Land
Description
This exceptional 12-acre commercial land parcel presents a significant development opportunity in Northern Madison County, Kentucky, near Richmond. Strategically located off Boonesborough Road, this property offers excellent visibility and accessibility. The land is divided into parcels, with those north of Boonesborough Road accessing Simpson Lane and a traffic-lighted corner at Boonesborough Road. South parcels access Boonesborough Road and a traffic-lighted intersection at Colonel Road. This advantageous positioning benefits from improvements made during the I-75 Exit 95 renovation, including a widened bridge, new traffic signals, and improved ramp access. One southern parcel includes a rental home and a small commercial storage unit. The property's UC-4 IC zoning allows for a wide range of commercial uses, including professional offices, motels, gas stations, and some light industrial applications. The asking price is $3,600,000, or $300,000 per acre. Lease options are also available at $5,000 per acre per month. The property's APN is 0038-0000-0020. This is a rare opportunity to acquire a substantial, well-located tract of land ideal for a variety of commercial developments. Don't miss this chance to capitalize on this prime location and flexible zoning.
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
- -84.2985
- Latitude
- 37.8777
