Financial
Distress signals
Property profile

2008 Merchant Dr Richmond, KY 40475

OFF-MARKET
Strip malls
Property ID
US34-1456219
19,637 SF 1.25 ac lot
Last sale Apr 2026 · $3,300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 1,500 square foot retail space is located at 2008 Merchant Drive in Richmond, Kentucky, zip code 40475. The property is a single-story building within a larger retail center, offering high visibility and accessibility from a major thoroughfare. Currently configured as office space, this versatile unit presents a fantastic opportunity for a variety of retail businesses. The space is part of a multi-tenant building, zoned B-3, providing ample opportunity for synergy with…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$24k
Tax billed · 2023
Assessed value$2.53M
Effective rate0.97%

Value estimate

· Sep 2026
$2.76M
$2.48M – $3.03M

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMADISON

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency18.8
Law Firm17.2
Restaurant16.2

Location

2008 Merchant Dr Richmond, KY 40475-8188
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 18 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2187 Lexington, Richmond, KY 40475-7919 $290,000 Jul 2022 28,618 SF
830 Eastern, Richmond, KY 40475-2512 $668,646 May 2019 228,982 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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