3280 Lexington Road, Richmond, KY 40475

$3,150,000
Property Type: Farm Lot Size (sq. ft.): 2,526,482 Status: Closed
Current Price: $3,150,000 List Date: 3/05/2021 Last Modified: 9/03/2025

Overview

Description

Phenomenal investment opportunity off one of the most heavily-traveled interstates in the country! This 58 acre tract is practically directly next to the site of the proposed I-75 connector from Nicholasville. Being directly in the path of Central Kentucky's explosive expansion and located within pro-growth Madison County, this tract has the potential for development of many kinds. Construction on the redesigns of the exit ramps and the expansion of the roads started mere months ago, so now is the time to buy in.

Listing Details MLS# 20103789

Listing Information

Property Sub Type
Farm

Status Change Information

Status Change Timestamp
2021-12-21
Purchase Contract Date
2021-06-16
Close Date
2021-11-08
Close Price
3150000
Buyer Financing
Cash
Sale Type
Arms Length Sale
Concessions Comments
N/A

Address

County
Madison
Street Number
3280
Street Name
Lexington
Street Suffix
Road
State
KY
Zip Code
40475
Parcel Number
0039-0000-0007

Contract

Original List Price
3800000
Start Showing Date
2021-03-05
Listing Contract Date
2021-03-05
Listing Agreement
Exclusive Right To Sell
Office Exclusive YN
No
List Price/Acre
65517.24
Sold Price/Acre
54310.34
SP/LP
0.83

Tax Legal

MLS Area Major
008 - Madison County
Subdivision Name
Commercial
High School District
Madison County - 8

Lot

Lot Size Acres
58
Lot Size Square Feet
2526482.32
Road Frontage Feet
1650
Conservation Easement YN
No

More Information

Remarks

Public Remarks
Phenomenal investment opportunity off one of the most heavily-traveled interstates in the country! This 58 acre tract is practically directly next to the site of the proposed I-75 connector from Nicholasville. Being directly in the path of Central Kentucky's explosive expansion and located within pro-growth Madison County, this tract has the potential for development of many kinds. Construction on the redesigns of the exit ramps and the expansion of the roads started mere months ago, so now is the time to buy in.

Showing Information

Showing Instructions
Contact listing agents Gary Denton @ 859-338-1297 or Nick Sortor @ 859-533-6262 for additional information regarding this property. (you must have permission to be on property).

Tax & Legal

Elementary School
White Hall
Middle Or Junior School
Michael Caudill
High School
Madison Central
Tax Rate
0.0101
Zoning
AR
Directions
I-75 South, Exit 95; Right onto KY 627; Right on Lexington Rd.; property will be on your Left.

Interior

Living Area
0
Bathrooms Half
0
Above Grade Finished Area
0
Above Grade Unfinished Area
0

Utilities

Electricity Available
Yes
Water Available
Yes

Lot Features

Level
Yes

Current Use

Agricultural
Yes
Horses
Yes
Recreational
Yes

Possible Use

Commercial
Yes
Industrial
Yes
Residential
Yes

Possession Auxiliary Dwelling

Close Of Escrow
Yes

Possession Farm Land

Close Of Escrow
Yes

Possession Main House

Close Of Escrow
Yes

Showing Requirements

Call Listing Agent
Yes
Showing Service
Yes

Documents

Aerial Photo
Yes

Property Features

Utilities: Electricity Available; Water Available; Electricity Available; Water Available Current Use: Agricultural; Horses; Recreational Lot Features: Level Possession Auxiliary Dwelling: Close Of Escrow Possession Farm Land: Close Of Escrow Possession Main House: Close Of Escrow Possible Use: Commercial; Industrial; Residential Showing Requirements: Call Listing Agent; Showing Service Documents: Aerial Photo
Listing Office: Rector Hayden Realtors
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.