+/- 75 Acre Commercial Development Site - N Madison County - Richmond FOR SALE

1055 Boonesborough Road Richmond, KY 40475

1055 Boonesborough Road, Richmond, KY, 40475
1055 Boonesborough Road, Richmond, KY, 40475 1055 Boonesborough Road, Richmond, KY, 40475 1055 Boonesborough Road, Richmond, KY, 40475 1055 Boonesborough Road, Richmond, KY, 40475 1055 Boonesborough Road, Richmond, KY, 40475
FOR SALE
Property Type:
Commercial Land Development
Amount:
$4,500,000
Last Verified:
Apr 16, 2026

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Highlights

  • ±75-acre premier development opportunity in a fast-growing & strategic commercial corridor
  • Located at I-75 at Exit 95 and KY 627 / Boonesboro Road, only 2 miles to Fayette County
  • 15 minutes to Lexington’s Richmond Road retail corridor and the new soccer stadium
  • 20 minutes to Hamburg Pavilion / I-64, and 20 minutes to Winchester / I-64
  • Additional acreage is available, including direct frontage on Boonesboro Road
  • Near Baptist Health Hospital, Eastern Kentucky University, and major regional employers
  • Offers lower development costs and favorable tax dynamics compared to Fayette County
  • Well suited for industrial, logistics, travel services, mixed-use, distribution, and other commercial users
  • Ideal for developers and companies seeking a well-connected growth location in Kentucky

Description

SVN Stone Commercial Real Estate is pleased to present this rare ±75 acre commercial development site located in Northern Madison County (Richmond, KY) with immediate access to I-75 at Exit 95—one of the region’s most strategic and rapidly emerging commercial corridors.

The property offers exceptional positioning for industrial, logistics, and large-scale commercial development, with the ability to expand through contiguous acreage that can provide direct frontage along Boonesborough Road—significantly enhancing visibility and access.

This site sits just 2 miles from Fayette County, providing seamless connectivity into the Lexington MSA, while maintaining the advantages of lower development costs and favorable growth dynamics in Madison County. The property is ideally suited for:

- Industrial Park or logistics hub
- Travel services (hotel/restaurant) + supporting retail
- Mixed-use commercial development
- Regional distribution or manufacturing facility

Richmond is centrally located and is south of Lexington on the I-75 corridor. Richmond is one of the fastest growing areas in Kentucky. Several identifiable factors contribute to this growth, such as easy interstate access, proximity to Lexington, lower cost of housing, good employment base, regional university, and cultural and educational opportunities. Richmond tied for the 30th in the Top Micropolitans in the nation for new and expanded industry activity in 2010. The City of Richmond is currently the 7th most populous in Kentucky, up from 11th largest in the 2000 census and is the home of Eastern Kentucky University with approximately 17,000 students. Historic downtown Richmond is one of the finest 19th century commercial districts in the Southeast and is a unique blend of small town warmth and friendliness while still having access to the advantages of a big city.

Lot Size: 75.0 acres


Documents

1055 Boonesborough Preliminary Plan.png
SVN - Brochure - Boonsboro.pdf

Map of 1055 Boonesborough Road, Richmond, KY, 40475

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.