436 Big Hill Avenue, Richmond, KY 40475
Downtown · Madison County
Key Facts
Description
Opportunity to build in one of Richmond's strongest development corridors. Corner positioning near Boggs Lane and Big Hill Avenue gives this site excellent visibility and access, with close proximity to EKU, downtown Richmond, and the Eastern Bypass growth corridor. Zoned R-3 and reportedly suited for a 4-plex configuration, this lot fits the current demand trend toward small multifamily development and workforce housing. The surrounding area has seen continued mixed-use and redevelopment activity, including nearby commercial assemblages and higher-density investment properties along Big Hill Avenue With Richmond continuing to experience population and rental growth, smaller multifamily projects remain attractive due to limited inventory and increasing housing demand. This parcel offers a rare chance to build in an established, centrally located corridor where developable lots are becoming harder to find.
Property Information
Property Type
Land
Sub-Type
Unimproved Land
Lot Size
0.36 acres
Zoning
R-2
MLS® Listing#
26011677
Property Features
Financial Details
Parcel Number
R011-0002-0022
Directions
Eastern Bypass to Boggs Lane. Lot is on corner of Big Hill and Boggs Lane Or East Main to Big Hill
Affordability Calculator
$24,000
Estimated monthly payment
$639/mo
Principal $96,000 · Est. interest $133,929 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Richmond, KY
- $353,676
- Median Listing Price
- 36
- Median Days on Market
- 1,911
- Median Sq Ft
- $189
- Median Price / Sq Ft
- 237
- Active Listings
- This home’s price is 66% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Richmond, KY.
Location
Map is currently unavailable for this location.
Points of Interest in Richmond, KY
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 7017 Winners Circle Lot 77, Richmond, KY | $85,000 | — | — | — |
| 8050 Filly Lane Lot 81, Richmond, KY | $85,000 | — | — | — |
| 208 Brandenburg Way, Richmond, KY | $90,000 | — | — | — |
| 105 Callaway Drive, Richmond, KY | $90,000 | — | — | — |
| Lot 20 Presidential Boulevard, Richmond, KY | $90,000 | — | — | — |
| 112 Callaway Drive, Richmond, KY | $90,000 | — | — | — |
Moving Cost Estimate
EXIT Agents in Richmond
Listing Courtesy: The Real Estate Co. - 8599791508
Last Updated: 2026-05-22