2887 Richmond Rd Lexington, KY 40509
Property Lookup
Property profile & analytics
2887 Richmond Rd Lexington, KY 40509
- Commercial land
- 1.00 lot acres
Property ID
US34-0121035
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Panera Bread / Cafe & Coffee Shop
- AT&T Store / Mobile Phone Store / Electronics & Wireless Store
- Next Level Sports Nutrition / (Bike/Boat/Book/etc) Store / Pharmacy
Property Details for 2887 Richmond Rd
- Lot size
- 1.00 lot acres
- Zone code
- B-3
- Property type
- Commercial land
- APN
- 38293170
- APU
- 38293170
Description
This exceptional 1.3-acre commercial property presents a rare opportunity for retail or restaurant development in Lexington, KY. Located on heavily trafficked Richmond Road (40,088 VPD), this outlot boasts excellent street-front visibility and convenient access via two signalized traffic lights and a direct Richmond Road cut-off. A large pylon sign is available exclusively for this site. The 1,555 square feet of vacant space is zoned C1, offering flexibility for various uses. The property's strategic location is within a thriving retail and restaurant corridor, just four miles from the University of Kentucky (30,000+ students and 16,000 employees), and is situated near major retailers including Lowe's, Kroger, Home Depot, and Burlington, as well as popular restaurants such as Chili's, Panera Bread, and Starbucks. The site is also across from a newly constructed retail development featuring First Watch, Skyline Chili, and LaRosa's Pizzeria. This location benefits from a dense residential population and a strong daytime workforce, with nearby employers including Valvoline World Headquarters, Aramark, and International Paper. The property is available for sale, ground lease, or build-to-suit options, making it an ideal investment for a variety of business ventures. The property's parcel number is 25833025. This is a truly unique opportunity to establish a presence in a high-demand area with significant foot traffic and strong consumer demographics.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,780,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lexington
- County
- Fayette
- State
- Kentucky
- Longitude
- -84.4519
- Latitude
- 38.008
- CBSA code
- 30460
- CBSA name
- LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$38,953
$0.00
$0.00
$3,150,000
-
$0.00
$0.00
$3,150,000
