380 Big Hill Ave, Richmond, KY 40475
This exceptional 9,000 square foot warehouse space in Richmond becomes available July 1, 2024. Located on a 2-acre lot, this single-story, Class C industrial building offers 16-foot ceiling heights, perfect for various distribution needs. The property features one large grade-level loading dock door, enhancing operational efficiency. Included within the 20,000 total square foot building is existing office space, along with a restroom. The warehouse is equipped with a sprinkler system and heating, ensuring a safe and comfortable working environment. The B-3 zoning designation is important to note; it specifically prohibits mechanics and manufacturing activities. This property is ideal for businesses seeking a well-maintained, functional space in a convenient location. The previous tenant used the space for distribution, highlighting its suitability for similar operations. With ample space and key features, this warehouse presents a strong opportunity for a variety of businesses. The property is ready for immediate occupancy.
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Richmond Register Publishing House Newspaper & Magazine
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Madison County Advertiser Publishing House Newspaper & Magazine
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.