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2047 Merchant Dr
Richmond, KY 40475
Merchant Place Development - OutParcel2 · Land For Sale · 1.77 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 constructed directly adjacent to the site

Executive Summary

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 outparcel 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 #3 - 6 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 Facts

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
Total Lot Size 1.77 AC
No. Stories 1
Zoning B-3 - Commercial

1 Lot Available

Lot OutParcel2

Price $1,811,347 CAD
Price Per AC $1,023,360.00 CAD
Lot Size 1.77 AC

Outparcel #2: 1.772 Acres For Sale: $750,000/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 #3 - 6 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

Property Taxes

Parcel Number
0068-008E-0002
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$6,024,195 CAD
  • Listing ID: 31379690

  • Date on Market: 2024-04-01

  • Last Updated:

  • Address: 2047 Merchant Dr, Richmond, KY 40475

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