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Northern Madison County KY - Development Land Opportunity - Up to 28 Acres

Property Overview

Price/Rent PSF $ 8,400,000.00
Asset Type Land
Trade Type Sale & Lease
Acres Available 28.00
Date Available 04/19/2022
Additional URL Link
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Description

Location
Richmond is centrally located and is south of Lexington on the I-75 corridor. Richmond is one of the fastest growing areas in Kentucky. Several identifiable factors contribute to this growth, such as easy interstate access, proximity to Lexington, lower cost of housing, good employment base, regional university, and cultural and educational opportunities. Richmond tied for the 30th in the Top Micropolitans in the nation for new and expanded industry activity in 2010. The City of Richmond is currently the 7th most populous in Kentucky, up from 11th largest in the 2000 census and is the home of Eastern Kentucky University with approximately 17,000 students. Historic downtown Richmond is one of the finest 19th century commercial districts in the Southeast and is a unique blend of small town warmth and friendliness while still having access to the advantages of a big city.

Sale
SVN Stone Commercial Real Estate is pleased to present this development opportunity to purchase or lease up to 28 acres of land in Northern Madison County, KY near Richmond. The parcels North of Boonesborough Road land have access to Simpson Lane & a Traffic lighted corner at Boonesborough Road, and South parcels, have access to Boonesborough Road, and Traffic lighted intersection at Colonel Road. The property was divided by a road relocation plan for Colonel Road, Simpson Lane a couple of years ago when I-75 Exit 95 was renovated with 4-6 lane bridge, as well as new Traffic Lights, and exit-entrance ramp access. One parcel South of Boonesborough Road has a rental home on it with a small commercial storage unit as well.


The property is currently zoned UC 4 IC (Urban Corridor, Interstate Commercial) - A general accepted zoning for permitted uses like; professional office, Motels, gas stations, even some light industrial uses and more.


For more information contact Neal Metcalfe, Senior Advisor at 859.312-8069 Mobile // [email protected]





Lease
SVN Stone Commercial Real Estate is pleased to present this development opportunity to purchase or lease up to 28 acres of land in Northern Madison County, KY near Richmond. The parcels North of Boonesborough Road land have access to Simpson Lane & a Traffic lighted corner at Boonesborough Road, and South parcels, have access to Boonesborough Road, and Traffic lighted intersection at Colonel Road. The property was divided by a road relocation plan for Colonel Road, Simpson Lane a couple of years ago when I-75 Exit 95 was renovated with 4-6 lane bridge, as well as new Traffic Lights, and exit-entrance ramp access. One parcel South of Boonesborough Road has a rental home on it with a small commercial storage unit as well.

The property is currently zoned UC 4 IC (Urban Corridor, Interstate Commercial) - A general accepted zoning for permitted uses like; professional office, Motels, gas stations, even some light industrial uses and more.


For more information contact Neal Metcalfe, Senior Advisor at 859.312-8069 Mobile // [email protected]

Location (Click here to view the location on the map.)

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The information above is from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice.

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