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Land Approved for Apartment Building

320 Rash Road Berea, KY 40403

320 Rash Road, Berea, KY, 40403
$649,000
For Sale
$649,000

LAND - Berea, KY

Lot Size5.11 Acres
Days on Market113

Property Features for 320 Rash Road

General Information

Property type
Land
Property subtype
Other
Standard status
Active
APN
0060-0000-0055
Lot size
5.11 Acres
Listing agency BlueHorse Realty
Listed by Delma Peercy · License #192717
Added: Mar 31 Updated: Jul 20 at 1:38PM Checked: Jul 21 at 8:06PM
MLS# 26006915

Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This 5.11-acre land parcel is located in Berea, KY, and is approved for the construction of a 62-unit apartment building. The property is situated in a central location within Berea, within walking distance of Berea College. Development plans are already in place for the construction of "The Villas at Walnut Meadow" apartment complex. A long driveway off Rash Road, included as part of the 5.11 acres, leads to the main portion of the land. The current dirt road is planned to be replaced with a two-lane blacktop or concrete road as part of the development plan.

Key Highlights

  • 5.11 acre land 99% approved for a 62‑unit apartment building
  • Shovel‑ready development plan included for "The Villas at Walnut Meadow" apartment complex
  • Ideal location in the heart of Berea, Kentucky

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Residential land & home ...

Suggested Use

Real Estate Agency Building Supply Big Box & Wholesale Store Law Firm Auto Parts Store Restaurant HVAC Service Storage Facility Grocery & Convenience Store Spa & Massage Center

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

FAQs

What type of property is this?
Residential land & home lot - 5.11 acres approved for 62-unit apartment complex.
Where is this residential land & home lot located?
The property is located at 320 Rash Road Berea, KY.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: 5.11 acre land 99% approved for a 62‑unit apartment building; Shovel‑ready development plan included for "The Villas at Walnut Meadow" apartment complex; Ideal location in the heart of Berea, Kentucky
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