• 111 Meridian Way, Richmond, KY 40475

For Sale

Land

For Sale

This property is available for sale
3.57
Acres
$1,600,000
Sale Price
  • Overview

    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 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. SVN Stone Commercial Lexington is offering this development opportunity off Exit 87, I-75 in Richmond. Meridian Way is next the main retail corridor in Richmond, known as Richmond Centre and home to Meier, JC Penney, Dick's Sporting Goods, TJ Maxx, Petsmart, Home Goods, and many more. A number of fast casual, and casual dining establishments in this area. Meridian Way also boasts a local retail & office use strip center, Heritage Place and a Regional Health care office with Baptist Health, and is the entryway to a new starter home community backed by a national assisted living center from 2016. Meridian Way as a 3.57 acre parcel that is the mirror image of the parcel with the 10,000 sf Baptist Health office on it. Owners would build to suit on this property as well, as parcel out the 3.57 acres for sale of less acreage. Contact Neal Metcalfe, Advisor for other details and insight on the properties. 859-312-8069, or neal.metcalfe@svn.com

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Property Details

Meridian Way Property

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 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. SVN Stone Commercial Lexington is offering this development opportunity off Exit 87, I-75 in Richmond. Meridian Way is next the main retail corridor in Richmond, known as Richmond Centre and home to Meier, JC Penney, Dick's Sporting Goods, TJ Maxx, Petsmart, Home Goods, and many more. A number of fast casual, and casual dining establishments in this area. Meridian Way also boasts a local retail & office use strip center, Heritage Place and a Regional Health care office with Baptist Health, and is the entryway to a new starter home community backed by a national assisted living center from 2016. Meridian Way as a 3.57 acre parcel that is the mirror image of the parcel with the 10,000 sf Baptist Health office on it. Owners would build to suit on this property as well, as parcel out the 3.57 acres for sale of less acreage. Contact Neal Metcalfe, Advisor for other details and insight on the properties. 859-312-8069, or neal.metcalfe@svn.com

  • Property Type
    Land
  • Submarket
  • Sale Price
    $1,600,000
  • Total Acres
    3.57
  • Zoning
    Highway Business District
  • Sale Status
    Available
  • Last updated
    Jan 24, 2020
  • Property ID
    1198050

Landlord's Sales Representative

  • Neal Metcalfe
    Sperry Van Ness