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    1055 Berea Rd Richmond, KY 40475

    For Sale
    $559,000

    SINGLE_FAMILY - Richmond, KY

    Type:Office
    Property size:
    1,750 SF
    Lot size:
    0.60 Acres
    Days on Market:
    25
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 1055 Berea Rd

    General Information

    Property type
    Residential
    Property subtype
    Office
    Standard status
    Active
    APN
    0069-0000-0012-D
    Size
    1,750 SF
    Lot size
    0.60 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating)
    Cooling system
    Electric

    Building Details

    Floors in Building
    1
    Building materials
    Brick
    Roof type
    Shingle

    Kentucky Realty Group, LLC (859) 771-0400

    Listing agent Matthew Coburn (859) 498-0208

    Listing date Nov 11, 2025

    Copyright © 2025 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Richmond Commercial Property For Sale

    Located in a developing area of Richmond, this property offers road frontage and a high traffic count. An informal traffic count indicated 1,200 cars in 30 minutes. The property has a size of 1,750 square feet and is situated on a lot of 0.6 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lee Burns Chiropractor

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Walmart Home Theater Installation

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Madison
    State
    Kentucky
    Longitude
    -84.272417
    Latitude
    37.731112

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    FAQs

    What type of property is this?
    Office Property / Space - Commercial property in a developing area with high traffic count.
    Where is this office property / space located?
    The property is located at 1055 Berea Rd Richmond, KY.
    What is the asking price?
    The asking price for this property is $559,000.
    What are key features of this property?
    This property features: - High traffic count location with 1,200 cars in 30 minutes.; - Located in a fast developing area of Richmond.; - Excellent road frontage.
    (859) 498-0208
    Request Owner's contact information
    1055 Berea Rd Richmond, KY 40475
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    Richmond, KY 40475
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1055 Berea Rd Richmond, KY 40475
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