I-75 Exit 97 Large General Business Development Site- Madison County KY

Igo Rd Richmond, KY 40475

Igo Rd, Richmond, KY, 40475
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FOR SALE
Property Type:
Commercial Land Development
Amount:
$10,603,920
Last Verified:
Mar 18, 2026

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Highlights

  • Exit 97 North bound development land
  • 1,500' of I-75 Road high visibility frontage
  • Nearly 80,000 Vehicles Per Day
  • Will parcel, and also Build To Suit and lease back
  • General Business Zoning with Madison County, so varied uses allowed

Description

SVN Stone is proud to present a Prime I-75 Exit site for sale within 20 minutes of Lexington in one of Kentucky's fastest growing communities of Richmond. This direct access North bound site at Exit 97, the first exit in Madison County, KY crossing the Clays Ferry Bridge. This site is currently open to a number of uses with the county zoning of General Business. This 51.98 acre site can be parceled and sold for various uses, and the owners can, with proper terms, build to suit and lease back for a tenancy. The visibility next to a daily traffic count of nearly 80,000 along a frontage of 1,500' is quite substantial. Contact Neal Metcalfe, Senior Advisor for more information at 859-312-8069 or neal.metcalfe@svn.com.

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.

Building Size: 0sq ft
Lot Size: 51.98 acres


Documents

Brochure - Igo Rd.pdf

Map of Igo Rd, Richmond, KY, 40475

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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.