2047 Merchant DrRichmond, KY 40475

Exceptional opportunity to acquire a 4.64-acre commercial lot in Richmond, Kentucky. This property, identified as Lot #1 and located at 2047 Merchant Drive, is zoned B-3 Commercial and offers significant potential for development. The asking price is $1,160,000, representing $250,000 per acre. The lot is situated in a high-growth area of Richmond, conveniently located off the Robert Martin Bypass between Merrick Road and Four Mile Road, approximately 20 minutes south of Lexington. This strategic location benefits from proximity to a Kohl's Department Store anchored shopping center, with additional outparcels available. The area is experiencing substantial residential growth, with over 600 new homes recently built adjacent to the site. The property's location within this thriving commercial corridor presents a compelling investment opportunity for businesses seeking high visibility and access to a growing consumer base. The lot size allows for flexibility in development plans, making it suitable for a variety of commercial uses. The APN is 0068-008E-0002. This is a rare opportunity to secure a sizable commercial parcel in a rapidly developing area of Richmond.