Land Approved for Apartment
For Sale
$649,000
320 Rash Road, Berea, KY 40403
LAND - Berea, KY
Property SizeContact for details
Lot Size5.11 Acres
Days on Market152
Property Features for 320 Rash Road
General Information
Property type
Land
Property subtype
Other
Zoning description
B-2
Subdivision
Rural
Lot features
Level
Directions
Glades Road to Rash Rd, the long dirt road to enter is to the left of a vacant lot facing Rash Rd.
Standard status
Active
APN
0060-0000-0055
Lot size
5.11 Acres
Listing Agency:
BlueHorse Realty
(859) 661-5117
Listed By:
Delma Peercy · License #192717
(859) 661-5117
Added: Mar 31
Changed: Jul 20
Last Checked: Aug 29 at 12:06PM
MLS# 26006915
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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
Current Use
Location Intelligence
Trade Area within ½ mile
412
Businesses Nearby
Explore this area
Business Placement
Demographics for 40403, KY
26,994
Population
11,008
Households
2.5
Avg Household Size
38
Median Age
26%
College-Educated
87%
High-School Grad
111.0 sq mi
ZIP Area
243
Density / Sq Mi
$60,105
Median Household Income
$33,847
Median Earnings
$827
Median Rent
$180,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
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
