Description
Prime opportunity in one of Richmond's strongest redevelopment corridors. Near Boggs Lane and Big Hill Avenue gives this site excellent visibility and access, with close proximity to EKU, downtown Richmond, and the Eastern Bypass growth corridor. Zoned R-3 and reportedly suited for a 4-plex configuration, this lot fits the current demand trend toward small multifamily development and workforce housing. The surrounding area has seen continued mixed-use and redevelopment activity, including nearby commercial assemblages and higher-density investment properties along Big Hill Avenue.
Details
| MLS # | 26011676 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 146 |
| Listing Provided By | The Real Estate Co. | Kim Caywood |
Features
| Zoning | R-2 |
|---|---|
| Acreage | 0.22 |
Exterior
| Lot Features | Cleared |
|---|
Area Information
| State | KY |
|---|---|
| County | Madison |
| City | Richmond |
| Zip Code | 40475 |
| Area | 008 Madison County |
| Subarea | Madison County |
| Community Name | Downtown |
| Listing VS Median (in Downtown) | |
Price: $120,000 low | high Med: $225,950 On site: 146 low | high Med: 116.5 | |
Market Activity 40475
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Learn More About This Property
| State | KY |
|---|---|
| County | Madison |
| City | Richmond |
| Zip Code | 40475 |
| Area | 008 Madison County |
| Subarea | Madison County |
| Community Name | Downtown |
| Listing VS Median (in Downtown) | |
Price: $120,000 low | high Med: $225,950 On site: 146 low | high Med: 116.5 | |
Nearby Listings (Within 1/10 mile)
Price: $90K - $150K
sqft: 0 - 0
Listing Updated: October 13, 2026 at 3:16:21 AM PDT