Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Reload
 
Listing provided courtesy of Keller Williams Commonwealth- MLS# 26001205MLS Provider

2887 Richmond RoadLexington, KY 40509

Vacant Land · 1.30 Acres
$100,000 Active

2887 Richmond Road Overview

Time on Site:
164 days
Visits:
7

Available ground lease, or build-to-suit, this ±1.3-acre outlot offers a prime opportunity for retail or restaurant users with excellent frontage and visibility along Richmond Road (40,088 VPD). The site features a dedicated curb cut, access via two signalized intersections, and an exclusive pylon signage opportunity. Located in front of Lowe's and directly across from a newly developed retail center anchored by First Watch, Skyline Chili, and LaRosa's Pizzeria, the property benefits from a dense residential base and strong daytime population supported by major employers including Valvoline World Headquarters. Positioned approximately four miles from University of Kentucky, the area features a strong tenant mix including Kroger, Home Depot, Burlington, Chili's, Panera Bread, Krispy Kreme, Starbucks, and Walgreens. Listed for $100,000/year.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

2887 Richmond Road Facts & Features

  • Type Vacant Land
  • Lot 1.30 Acres

Details

General

Business Information

  • Current Use: Commercial,Unimproved

Location/Region

  • County Or Parish: Fayette
  • MLS Area Major: 003 - Fayette County SE
  • MLS Area Minor: 003 - Fayette County SE
  • Subdivision Name: Commercial

General Information

  • Parcel Number: 38293170
  • Possible Use: Commercial
  • Property Sub Type: Unimproved Land
  • Property Type: Land
  • Zoning: Other

Interior

Beds/Baths

  • Bathrooms Total: 0

Exterior

Lot Information

  • Lot Features: Level
  • Lot Size Acres: 1.3
  • Lot Size Area: 1.3
  • Lot Size Square Feet: 56628.0
  • Lot Size Units: Acres
  • Elevation Units: Feet

2887 Richmond Road Neighborhood

Community

40509 (Lexington) Demographics

36
Median Age
1,026
Population Density (per sq. mile)
62%
College Educated
$79,977
Estimated Median Income
10,909
Estimated Total Home Owners
6,160
Estimated Total Renters
64% / 36%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

2887 Richmond Road Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2887 Richmond Road Market Data

Based on the last 30 days in this zip code

$575,979
Average List Price
$213
Average Price per Square Foot
66
Properties Sold
97
Average Days on Market
257
Properties for Sale
Calculations provided by Reliance Network

2887 Richmond Road History

Date Event Value Agent
1/26/2026Source: Imagine MLS/Bluegrass Added to Database
January 26, 2026
1/16/2026Source: Imagine MLS/Bluegrass Added to Database
January 16, 2026