Catylist ID:
#30872906
| Catylist Listing ID: | 30872906 |
| Property Subtypes: | Office, Retail, Other |
| Gross Land Area: | 1.25 Acres |
| Sale Price: | $500,000 |
| Unit Price: | $400,000 Per Acre |
| Sale Terms: | Other |
| Cap Rate: | Undisclosed |
| Last Updated: | 8/11/2024 |
Overview / Comments
|
Exceptionally located, ideal 1.25-acre development site size, this property is conducive to and zoned for retail or office development. Sitting between Outback Steakhouse and several office buildings in the area, this property also offers great visibility from the Eastern Bypass. The site is level and with all utilities at or surrounding the site. Property Highlights: - Located at the highly-trafficked intersection of Hwy 52 and Eastern Bypass in Richmond, KY (Average Daily Traffic: 32,920) -Zoned B-3/Commercial -Prominent Visibility |
Attachments & Media
Additional Details
| Nearest MSA: | Richmond-Berea |
| County: | Madison |
| Tax ID/APN: | R016-0001-00K1 |
| Zoning: | B-3 |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Highland Lakes Drive |
| Feet of Frontage: | 115 |
| Traffic/Vehicle Count: | 32,920 |
| Site Description: | On Highland Lakes Dr., 115' of frontage next to the Eastern Bypass |
| Area Description: | Ideally located in the heart of Richmond's Bypass Corridor, near Highway 52 with surrounding high-density retail and residential. |
| Zoning Description: | Commercial |
| Part of Planned Development?: | Yes |
| Development Name: | Gibson Bay Office Park |
| Topography: | Level |
| Available Utilities: | Electric, Water, Gas, Sewer |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 4,170 | 30,530 | 41,353 |
| Median Age: | 31.47 | 31.45 | 32.62 |
| Households: | 1,951 | 11,903 | 16,207 |
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