1037 Fortune DrRichmond, KY 40475
- Commercial real estate
- 41.56 AC
Property Details for 1037 Fortune Dr
- Lot size
- 41.56 AC
- Property type
- Commercial real estate
- APN
- 0070-0000-0005-G
- APU
- 007000000005G
Description
This exceptional 41.56-acre industrial site presents a rare opportunity for immediate development. Strategically located in Richmond, Kentucky's established Madison County industrial park, this property boasts unparalleled access to Interstate 75, less than four miles from Exit 83. The site is truly "shovel ready," featuring two pre-engineered pads totaling 608,000 square feet (406,500 sq ft and 201,500 sq ft). This eliminates extensive site preparation, saving significant time and costs. The I-2 Heavy Industrial zoning permits a wide range of manufacturing uses. Existing infrastructure includes readily available power and utilities, along with rail access and a private drive at the end of Fortune Drive. This location offers significant advantages for businesses seeking efficient logistics and a strong industrial presence in Central Kentucky. The property's size and preparation make it ideal for large-scale industrial projects, offering a substantial return on investment. This is a unique opportunity to acquire a fully prepared site ready for immediate construction in a thriving industrial area. The asking price is $1,995,000.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $355,522,688
- Hospitality
- $325,656,864
- Educational
- $270,942,688
- Medical
- $280,260,832
- Retail
- $421,466,400
Location Insight
- City
- Richmond
- County
- Madison
- State
- Kentucky
- Latitude
- 37.6919
- Longitude
- -84.2694
- CBSA code
- 40080
- CBSA name
- RICHMOND-BEREA, KY MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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