This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
2047 Merchant Dr
Richmond, KY 40475
Merchant Place Development - Lot #3 · Land For Sale · 7.97 AC
Investment Highlights
- Located off Richmond Bypass between Merrick Road and Four Mile Road, appx. 20 minutes south of Lexington
- Located in the growth corridor of Richmond, surrounded by homes in every direction
- Kohl's Department Store anchored site with outparcels available for ground lease
- 600+ new homes recently developed directly adjacent to the site
Executive Summary
PROPERTY FACTS
| Sale Type | Owner User | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Retail |
| Property Type | Land | Total Lot Size | 7.97 AC |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Retail |
| Total Lot Size | 7.97 AC |
1 Lot Available
Lot Lot 3
| Price | $2,391,000 | Lot Size | 7.97 AC |
| Price Per AC | $300,000 |
| Price | $2,391,000 |
| Price Per AC | $300,000 |
| Lot Size | 7.97 AC |
Lot #3 – 7.97 Acres For Sale – $300,000/Acre
Description
Merchant Place is located directly off the Robert Martin Bypass at Four Mile Rd in Richmond Ky. It consists of 52.6 acres, approx. 500,000 SF, anchored by Kohl’s. Outlots and in-line spaces are available. Rates are subject to build to suit and/or subdivision details and there is flexibility on the lot size offerings. Property Highlights: - Located off Richmond Bypass between Merrick Road and Four Mile Road, approximately 20 minutes south of Lexington. - Kohl's Department Store anchored site with outparcels available for ground lease - Located in the growth corridor of Richmond, surrounded by homes in every direction - 600+ new homes recently constructed directly adjacent to the site Lot #1 - 4.64 acres For Sale - $250,000/acre Lot #3 - 7.97 acres For Sale - $300,000/acre Outparcel #2 - 1.772 acres For Sale - $750,000/acre Located in the growth corridor of Richmond, KY surrounded by residential and commercial development. Average Daily Traffic Count is approximately 22,073.
PROPERTY TAXES
| Parcel Number | 0068-008E-0003 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $400,000 |
PROPERTY TAXES
zoning
| Zoning Code | B-3 (Commercial) |
| B-3 (Commercial) |
Learn More About Investing in Land
