Property profile

405 Leighway Dr Richmond, KY 40475

FOR SALE
Banks
Property ID
US34-1319969
2,756 SF
Individually Owned 8-yr Hold Free & Clear
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405 Leighway Dr, Richmond, KY 40475 For Sale
Contact for pricing 2,756 SF
405 Leighway Dr, Richmond, KY 40475
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 2,756 square foot warehouse located at 405 Leighway Drive, Richmond, Kentucky, 40475. The property is classified as industrial and commercial, offering significant potential for various uses. Situated in Madison County, this warehouse boasts excellent visibility due to its proximity to the Eastern Kentucky University bypass and Interstate 75, ensuring high traffic exposure and easy accessibility. The asking price is $775,000. The property consists of a single warehouse building with no individual units. The land area is not specified. This location offers a strategic advantage for businesses seeking convenient access to major transportation routes and a strong local market. The property's prime location and substantial square footage make it an attractive investment for entrepreneurs and established businesses alike. Serious inquiries are encouraged to explore this promising opportunity further. Further details regarding zoning and potential uses are available upon request.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Total area 2,756 SF
APN R003-0001-0002
UPID US34-1319969

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Loan Service Bank
  • Bank Loan Service
  • Atm

Location

405 Leighway Dr Richmond, KY 40475
Richmond metro Census 10601 RICHMOND-BEREA, KY MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$675k

Owner & transaction history

since 2017
1 recorded transaction
2017
Price N/A

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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