Land at Paint Lick Rd, Berea, KY

Vacant Land for Sale
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: 8/25/2023

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

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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.