Property profile

526 E St Richmond, KY 40475

OFF-MARKET
Warehouses
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Property summary

AI-generated overview

This Class B retail property, located at 526 E St, Richmond, KY 40475, offers 12,000 square feet of warehouse/retail space. Situated in Madison County, this multi-tenant University Shopping Center enjoys high visibility on Eastern Bypass, with over 30,100 vehicles passing daily. Its prime location provides easy access to amenities and proximity to Eastern Kentucky University, boasting over 12,000 students. The center benefits from convenient access to major roadways including Eastern Bypass (Route 25), I-75, and KY 52, with Lexington a short 20-minute drive away. Existing tenants such as Cooper's, Ace Hardware, and the Richmond Athletic Club generate significant foot traffic, creating a built-in customer base. Multiple access points on Eastern Bypass, Dwight Drive, and Lancaster Avenue ensure easy ingress and egress. This versatile space is ideal for various uses, including client-facing offices or retail businesses serving the surrounding community. The property's strategic location and strong tenant mix make it an attractive investment opportunity.

Property profile

Verified
Property type Warehouses

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

526 E St Richmond, KY 40475
Richmond metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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