Catylist ID:
#30850162
| Catylist Listing ID: | 30850162 |
| Property Subtypes: | Industrial, Office, Retail, Other |
| Gross Land Area: | 17 Acres |
| Sale Price: | $3,950,000 |
| Unit Price: | $232,352 Per Acre |
| Sale Terms: | Undisclosed |
| Cap Rate: | Undisclosed |
| Last Updated: | 10/14/2024 |
Overview / Comments
|
Don't miss this exceptional opportunity to acquire prime commercial land in a highly accessible location off I-75! Zoned, B-4, this prime parcel offers +/- 17 acres with exceptional accessibility and visibility and is an excellent opportunity for various development investments. The region exhibits a strong economic growth trajectory with increasing population and business expansion. With its generous acreage, this property provides ample space single or multiple development opportunities. The location grants unparalleled exposure to a high volume of daily traffic, ensuring maximum visibility. Property Highlights: Consisting of +/- 17 acres in one of Berea's prime business locations, this property offers incredible access and visibility from nearby I-75. Hence, this site is ideal for a number of commercial users, such as office, retail, and numerous other end users. This property benefits from well-developed infrastructure and utilities, including access to electricity, water, sewage, and high-speed internet connection. These essential amenities are readily available. Berea boasts a thriving local economy, characterized by a diverse mix of industries and a supportive business climate. This property offers access from both Paint Lick Road and S Dogwood Drive, providing a robust customer base and access to a prosperous business. |
Attachments & Media
Additional Details
| Nearest MSA: | Richmond-Berea |
| County: | Madison |
| Tax ID/APN: | 0061-0000-0037-1B |
| Zoning: | B-4 |
| Property Located Between: | Paint Lick Road and S Dogwood Drive in Berea, Kentucky. |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Interstate 75 |
| Traffic/Vehicle Count: | 56,899 |
| Highway Access: | Located just off Interstate 75 exit 76 |
| Site Description: | Located just off I-75 exit 76, this property is situated between Paint Lick Rd, S Dogwood Dr, and Interstate I-75. |
| Area Description: | Nearby retail include Walmart Supercenter, Shell Gas Station, Burger King, Speedway, Popeye's Chicken, and Wendy's Fast Food. |
| Available Utilities: | Electric, Water, Sewer, Internet Access |
Demographic Statistics
| Proximity: | 3 miles | 5 miles |
|---|---|---|
| Total Population: | 13,868 | 19,776 |
| Median Age: | 33.98 | 34.55 |
| Households: | 5,249 | 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. |
