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    412 Pauline Dr Berea, KY 40403

    For Sale
    $525,000

    3.61 Acres, B-4 Zoning, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 3.61-acre commercial land parcel presents a prime development opportunity in Berea, Kentucky. Strategically located off Exit 77 of I-75, this property boasts a highly desirable B-4 zoning classification, allowing for a diverse range of commercial uses. Envision a thriving restaurant, retail establishment, office complex, or hospitality venture on this expansive site. The area is experiencing significant growth, with recent successful developments including Tractor Supply and Dollar General, demonstrating strong market demand. Furthermore, the addition of new townhomes nearby significantly increases the residential density, creating a robust customer base for any commercial development. The property's size and location offer unparalleled potential for substantial return on investment. This is a rare chance to capitalize on Berea's burgeoning commercial sector and establish a successful business in a thriving community. The asking price for this exceptional opportunity is $525,000. The address is 412 Pauline Dr, Berea, KY 40403, situated in Madison County. This property is ready for your vision and offers a unique chance to shape the future of Berea's commercial landscape. Don't miss this chance to secure a prime piece of Kentucky real estate.

    Property Features for 412 Pauline Dr

    General Information

    Property type
    Land
    Lot Size
    157,252 SF

    HighLights

    • 3.61‑acre development site in Berea, KY.
    • B‑4 zoning allows for office, retail, restaurant, and hospitality uses.
    • Excellent location near Tractor Supply and Dollar General.
    • Convenient access via I‑75, Exit 77.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Dental Office Wholesale Shop Auto Repair Shop Hair Salon Auto Parts Store Gym & Fitness Hotel & Motel Pharmacy Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Berea
    County
    Madison
    State
    Kentucky
    Longitude
    -84.3194021
    Latitude
    37.5988911

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    FAQs

    What type of property is this?
    Land - 3.61 Acres, B-4 Zoning, High Traffic
    Where is this land located?
    The property is located at 412 Pauline Dr Berea, KY.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: 3.61-acre development site in Berea, KY.; B-4 zoning allows for office, retail, restaurant, and hospitality uses.; Excellent location near Tractor Supply and Dollar General.
    (859) 312-8069
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    412 Pauline Dr Berea, KY 40403
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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
    412 Pauline Dr Berea, KY 40403
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