101 Hi Ln Drive, Richmond, KY 40475

$2,300,000
Property Type: Commercial Sale Square Footage: 18,479 Lot Size (sq. ft.): 153,897 Status: Active
Current Price: $2,300,000 List Date: 5/21/2026 Last Modified: 5/29/2026

Overview

Description

Strategically positioned commercial property featuring approximately 3.533± acres with existing improvements, large paved parking areas, utility infrastructure, and significant redevelopment potential. Located within an established commercial corridor in Richmond, Kentucky, this property offers exceptional flexibility for commercial investment, adaptive reuse, mixed commercial applications, or future development. Excellent visibility, accessibility, and proximity to major retail and transportation routes enhance the long-term value and opportunity of this unique offering. Seller will entertain NNN lease options.

Listing Details MLS# 26011603

Listing Information

Comp Sale YN
No
Property Sub Type
Mixed Use

Status Change Information

Status Change Timestamp
2026-05-21

Address

County
Madison
Street Number
101
Street Name
Hi Ln
Street Suffix
Drive
State
KY
Zip Code
40475
Parcel Number
R011-0011-0001

Contract

Original List Price
2300000
Start Showing Date
2026-05-21
Listing Contract Date
2026-05-21
Listing Agreement
Exclusive Right To Sell
Occupant Type
Vacant
Office Exclusive YN
No
List Price/SqFt
124.47

Tax Legal

MLS Area Major
008 - Madison County
Subdivision Name
Commercial

Interior

Living Area Units
Square Feet
Building Area Total
18479
Building Area Source
Other
Building Area Units
Square Feet

More Information

Building

Basement YN
No
Year Built
9999
Stories Total
Yes
Accessibility Features YN
No

Lot

Lot Size Acres
3.533
Lot Size Square Feet
153897.48

Utilities

Cooling YN
Yes
Heating YN
Yes
Cable Available
Yes
Electricity Connected
Yes
Natural Gas Available
Yes
Phone Available
Yes
Sewer Connected
Yes
Water Connected
Yes

Remarks

Public Remarks
Strategically positioned commercial property featuring approximately 3.533± acres with existing improvements, large paved parking areas, utility infrastructure, and significant redevelopment potential. Located within an established commercial corridor in Richmond, Kentucky, this property offers exceptional flexibility for commercial investment, adaptive reuse, mixed commercial applications, or future development. Excellent visibility, accessibility, and proximity to major retail and transportation routes enhance the long-term value and opportunity of this unique offering. Seller will entertain NNN lease options.

Building and Property Details

Building Expansion Potential YN
Yes
Lot Expansion Potential YN
Yes
# of Drive-in Doors
3

Income and Expenses

Real Estate Taxes
3992

Tax & Legal

Tax Rate
0.0105
Zoning
Other
Zoning Description
B-3 Highway Business
Directions
From Big Hill Ave, turn onto Hi Ln. Property is on your right.

Association/Community

Number Of Buildings
1

Construction Materials

Block
Yes
Concrete
Yes

Cooling

Gas
Yes
Heat Pump
Yes
Other
Yes

Heating

Dual Fuel
Yes
Heat Pump
Yes
Natural Gas
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Parking Features

On Site
Yes
Open
Yes
Paved
Yes

Possession

Close Of Escrow
Yes

Roof

Membrane
Yes
Metal
Yes

Showing Considerations

Minimal Exterior Lighting
Yes
No Heat
Yes

Building Features

Concrete Floor
Yes
Reinforced Floor
Yes

Business Type

Commercial
Yes
Distribution
Yes
Food & Beverage
Yes
Industrial
Yes
Manufacturing
Yes
Mixed
Yes
Professional Service
Yes
Professional/Office
Yes
Recreation
Yes
Retail
Yes
Warehouse
Yes
Wholesale
Yes

Ceiling

Open
Yes

Docks

1-3 Docks
Yes
Manual
Yes

Existing Lease Type

None
Yes

Sale Includes

Building(s)
Yes
Land
Yes

Showing Requirements

Call Listing Agent
Yes
Showing Service
Yes

Property Features

Utilities: Cable Available; Electricity Connected; Natural Gas Available; Phone Available; Sewer Connected; Water Connected; Cable Available; Electricity Connected; Natural Gas Available; Phone Available; Sewer Connected; Water Connected Building Features: Concrete Floor; Reinforced Floor Business Type: Commercial; Distribution; Food & Beverage; Industrial; Manufacturing; Mixed; Professional Service; Professional/Office; Recreation; Retail; Warehouse; Wholesale Ceiling: Open Construction Materials: Block; Concrete Cooling: Gas; Heat Pump; Other Docks: 1-3 Docks; Manual Existing Lease Type: None Heating: Dual Fuel; Heat Pump; Natural Gas Listing Terms: Cash; Conventional Parking Features: On Site; Open; Paved Possession: Close Of Escrow Roof: Membrane; Metal Sale Includes: Building(s); Land Showing Considerations: Minimal Exterior Lighting; No Heat Showing Requirements: Call Listing Agent; Showing Service
Listing Office: Keller Williams Legacy Group
Last Updated: May - 29 - 2026
Information deemed reliable but not guaranteed.