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Robert R Martin Bypass at Merchant Dr 16 Acres of Commercial Land Offered at $3,200,000 in Richmond, KY 40475

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INVESTMENT HIGHLIGHTS

  • LOCATION FOR YOUR BUSINESS CAN'T BE BEAT!

EXECUTIVE SUMMARY

Highly desirable development property surrounded by high density commercial (retail/office space) & residential on a highly trafficked bypass. Seller will entertain an offer for a smaller portion of the acreage. See 2018 preliminary development plat that was not taken for final approval; land was marked at time preliminary plat was surveyed (lot 1 was sold in 2018 by minor plat). A new owner could resubmit for re-approval of preliminary plat and could resubmit for final approval and would need to contact the city for this information. PVA record shows 16 acres. Original plat shows 17 which includes the Lot 1 section sold by minor plat. Zoned B-3 commercial. Lines on pictures are approximate only. Attached is the original plat, the minor plat selling off 1 acre tract, and the 2018 preliminary development plat that has expired. This property has mostly level areas and does have rolling area towards the back. See original preliminary plat.

PROPERTY FACTS

Price $3,200,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Storefront
  • Storefront, Retail or Office
Total Lot Size 16.00 AC
Zoning B-3 - General commercial use

1 LOT AVAILABLE

Lot

Price $3,200,000
Price Per AC $200,000.00
Lot Size 16.00 AC

16 acres Plat Cabinet 15, Slide 243, Madison County KY on Robert Martin Bypass between Save A Lot & Honda dealership and surrounded by multi family, single family homes, commercial office space and large retail names. Significant road frontage

DESCRIPTION

Excellent Richmond Bypass location on well trafficked roadway in between Save-A-Lot and Gates Honda and across the bypass from Kohl's, banks, restaurants, gas stations, and surrounded by multifamily, residential single family neighborhood, other retail of several kinds.

  • Listing ID: 35109688

  • Date on Market: 3/12/2025

  • Last Updated:

  • Address: Robert R Martin Bypass at Merchant Dr, Richmond, KY 40475

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