Catylist ID:
#30850177
| Catylist Listing ID: | 30850177 |
| Property Subtypes: | Industrial, Office, Retail, Other |
| Gross Land Area: | 2.30 Acres |
| Sale Price: | $1,035,000 |
| Unit Price: | $450,000 Per Acre |
| Sale Terms: | Undisclosed |
| Cap Rate: | Undisclosed |
| Last Updated: | 8/25/2023 |
Overview / Comments
|
+/- 2.3 Acres Zoned B-4 Located in the vibrant city of Berea, Kentucky, this remarkable commercial land spanning 2.3 acres presents an incredible investment opportunity for commercial end users, developers, and numerous retail businesses. Situated in close proximity to the highly traveled Interstate 75, this prime location offers exceptional visibility, convenient access, and a thriving economic environment for various commercial ventures. Property Highlights: Encompassing 2.3 acres of flat, well-maintained land, this property provides ample space for a diverse range of commercial endeavors. Whether you envision establishing a retail development, office building, restaurant, or any other potential use, this property offers the unique opportunity to bring your vision to life. Berea boasts a thriving local economy, characterized by a diverse mix of industries and a supportive business community. With a population that appreciates quality goods and services, this location presents a unique opportunity to tap into a robust customer base and establish a prosperous business. The property benefits from well-developed infrastructure and utilities, including access to electricity, water, sewage, and high-speed internet connections. These essential amenities are readily available. |
Attachments & Media
Additional Details
| Nearest MSA: | Richmond-Berea |
| County: | Madison |
| Tax ID/APN: | B001-0001-0034-I |
| Zoning: | B-4 |
| Property Located Between: | Plaza Drive and I-75 |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Interstate 75 |
| Traffic/Vehicle Count: | 56,899 |
| Site Description: | Located near the heavily travelled I-75, this property enjoys exceptional connectivity to major transportation routes, allowing for effortless accessibility to regional and national markets. Its proximity to the interstate enhances visibility and ensures a steady stream of potential customers or clients passing through the area daily. Retail in the immediate area consist of Popeye's Chicken, Speedway, Shell, Burger King, Wendy's Fast Food, and Walmart. |
| Area Description: | Retail in the immediate area include Popeye's Chicken, Speedway, Shell, Burger King, Wendy's Fast Food, and Walmart. |
| Topography: | Level |
| Available Utilities: | Electric, Water, Sewer, Internet Access |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 2,509 | 15,579 | 19,776 |
| Median Age: | 31 | 33.9 | 34.55 |
| Households: | 1,071 | 5,895 | 7,443 |
| The information presented herein is provided as is, without warranty of any kind. Neither Kentucky Commercial Real Estate Alliance nor Moody's assume any liability for errors or omissions. |
