Commercial redevelopment and leasing opportunity offering approximately 3.533± acres with substantial existing improvements, expansive paved parking, and excellent accessibility within a well-established Richmond commercial corridor. Property is offered on a NNN lease basis and presents an exceptional opportunity for tenants seeking flexible commercial space with the ability to customize improvements to suit their operational needs. Building will require significant fit-up and repairs, making this an ideal opportunity for adaptive reuse, entertainment, recreation, warehouse/showroom, flex commercial, storage, or redevelopment-oriented concepts. Excellent visibility, strong surrounding commercial activity, and convenient access to I-75
Details
MLS #
26011605
Listing Type
For Lease
Style
Mixed Use
Status
Active
Year
9999
Days On Site
173
Listing Provided By
Keller Williams Legacy Group | Elizabeth Rice
Features
SQ Feet
18,479
Building(s)
1
Zoning
Other
Acreage
3.53
Interior
Cooling
Electric, Gas, Heat Pump, Other
Heating
Dual Fuel, Heat Pump, Other
Heating Yes / No
Yes
Cooling Yes / No
Yes
Parking
Attached Garage Yes / No
No
Parking Features
On Site, Paved
Utilities
Utilities
Cable Available, Electricity Connected, Natural Gas Available, Phone Available, Sewer Connected, Water Connected
Sewer
Public Sewer
Area Information
State
KY
County
Madison
City
Richmond
Zip Code
40475
Area
008 Madison County
Subarea
Madison County
Community Name
Commercial
Listing VS Median (in Commercial)
Price: $14,400
low | high
Med: $79,900
100% of Average
sqft: 18,479
low | high
Med: 1,200
100% of Average
$ / sqft: $1
low | high
Med: $67
100% of Average
On site: 173
low | high
Med: 444
38.963963963964% of Average
Sourced by Back At You
Market Activity 40475
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Oct 2026
Sales: 3
Avg $ Per SqFt: $147.93
Min Sale Price: $107,000
Max Sale Price: $315,000
Med Sale Price: $140,000
Date: Sep 2026
Sales: 26
Avg $ Per SqFt: $168.05
Min Sale Price: $35,000
Max Sale Price: $700,000
Med Sale Price: $305,500
Date: Aug 2026
Sales: 43
Avg $ Per SqFt: $164.51
Min Sale Price: $39,000
Max Sale Price: $820,000
Med Sale Price: $319,000
Date: Jul 2026
Sales: 71
Avg $ Per SqFt: $168.09
Min Sale Price: $35,000
Max Sale Price: $717,000
Med Sale Price: $300,000
Date: Jun 2026
Sales: 93
Avg $ Per SqFt: $171.06
Min Sale Price: $10,000
Max Sale Price: $907,500
Med Sale Price: $314,000
Date: May 2026
Sales: 44
Avg $ Per SqFt: $173.73
Min Sale Price: $77,000
Max Sale Price: $650,000
Med Sale Price: $319,450
Date: Apr 2026
Sales: 24
Avg $ Per SqFt: $196.98
Min Sale Price: $24,000
Max Sale Price: $1,050,000
Med Sale Price: $404,500
Date: Mar 2026
Sales: 13
Avg $ Per SqFt: $191.45
Min Sale Price: $20,000
Max Sale Price: $750,000
Med Sale Price: $314,900
Date: Feb 2026
Sales: 8
Avg $ Per SqFt: $182.88
Min Sale Price: $255,000
Max Sale Price: $642,900
Med Sale Price: $370,000
Date: Jan 2026
Sales: 3
Avg $ Per SqFt: $212.57
Min Sale Price: $80,000
Max Sale Price: $389,000
Med Sale Price: $81,700
Date: Dec 2025
Sales: 3
Avg $ Per SqFt: $201.33
Min Sale Price: $300,000
Max Sale Price: $589,900
Med Sale Price: $371,000
Date: Nov 2025
Sales: 6
Avg $ Per SqFt: $186.53
Min Sale Price: $45,000
Max Sale Price: $362,313
Med Sale Price: $265,000
Sourced by Back At You
Oct 2026
Sales:
3
Avg $ Per SqFt:
$147.93
Min Sale Price:
$107,000
Max Sale Price:
$315,000
Med Sale Price:
$140,000
Sep 2026
Sales:
26
Avg $ Per SqFt:
$168.05
Min Sale Price:
$35,000
Max Sale Price:
$700,000
Med Sale Price:
$305,500
Aug 2026
Sales:
43
Avg $ Per SqFt:
$164.51
Min Sale Price:
$39,000
Max Sale Price:
$820,000
Med Sale Price:
$319,000
Jul 2026
Sales:
71
Avg $ Per SqFt:
$168.09
Min Sale Price:
$35,000
Max Sale Price:
$717,000
Med Sale Price:
$300,000
Jun 2026
Sales:
93
Avg $ Per SqFt:
$171.06
Min Sale Price:
$10,000
Max Sale Price:
$907,500
Med Sale Price:
$314,000
May 2026
Sales:
44
Avg $ Per SqFt:
$173.73
Min Sale Price:
$77,000
Max Sale Price:
$650,000
Med Sale Price:
$319,450
Apr 2026
Sales:
24
Avg $ Per SqFt:
$196.98
Min Sale Price:
$24,000
Max Sale Price:
$1,050,000
Med Sale Price:
$404,500
Mar 2026
Sales:
13
Avg $ Per SqFt:
$191.45
Min Sale Price:
$20,000
Max Sale Price:
$750,000
Med Sale Price:
$314,900
Feb 2026
Sales:
8
Avg $ Per SqFt:
$182.88
Min Sale Price:
$255,000
Max Sale Price:
$642,900
Med Sale Price:
$370,000
Jan 2026
Sales:
3
Avg $ Per SqFt:
$212.57
Min Sale Price:
$80,000
Max Sale Price:
$389,000
Med Sale Price:
$81,700
Dec 2025
Sales:
3
Avg $ Per SqFt:
$201.33
Min Sale Price:
$300,000
Max Sale Price:
$589,900
Med Sale Price:
$371,000
Nov 2025
Sales:
6
Avg $ Per SqFt:
$186.53
Min Sale Price:
$45,000
Max Sale Price:
$362,313
Med Sale Price:
$265,000
MLS Number: 26011605
Elizabeth Rice – (859) 200-0644 – kybethrice@gmail.com
Keller Williams Legacy Group – (859) 544-6175 – yvettekelly55@gmail.com
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MLS Number: 26011605
Elizabeth Rice – (859) 200-0644 – kybethrice@gmail.com
Keller Williams Legacy Group – (859) 544-6175 – yvettekelly55@gmail.com