Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    519 Walnut Meadow Rd Berea, KY 40403

    For Sale
    $1,200,000

    4 Acres, Prime Commercial Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 4-acre commercial land parcel in Berea, KY, presents a remarkable investment opportunity. Located on Walnut Meadow Rd, this flat, well-maintained site boasts excellent visibility and accessibility, situated between Park Community Bank and First Baptist Church. Its B-2 zoning allows for a variety of commercial uses, including office, retail, light manufacturing, and warehousing. The property offers significant road frontage, providing optimal exposure for any business. Well-developed infrastructure ensures seamless operations, with readily available electricity, water, sewer, and high-speed internet. Its strategic location, just one mile from Richmond Rd and offering easy access to I-75, makes it an ideal location for businesses seeking high visibility and convenient access to major transportation routes. The property's APN is B00500050005. This is a rare opportunity to acquire a substantial commercial land parcel in a thriving Kentucky community. The asking price is $1,200,000.

    Property Features for 519 Walnut Meadow Rd

    General Information

    Property type
    Land
    Lot Size
    174,240 SF

    HighLights

    • Four‑acre level lot with excellent visibility and accessibility.
    • Suitable for office, retail, light industrial, and warehouse uses.
    • Prime location between Park Community Bank and First Baptist Church, offering significant road frontage.
    • Equipped with readily available utilities including electricity, water, sewer, and high‑speed internet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Berea
    County
    Madison
    State
    Kentucky
    Longitude
    -84.3003358
    Latitude
    37.5881482

    Nearby Similar for Sale

    • $224,900
      2,880 SF

      Versatile Multi-Family Investment Opportunity

      Multi-family property with four units and strong rental income potential.
      211 Mount Vernon Rd, Berea, KY 40403
      View Details
    • New
      $299,900
      2,110 SF

      New Construction Duplex in Berea

      New construction duplex with modern design and strong rental potential.
      118 Morning View Rd, Berea, KY 40403
      View Details
    • $429,000
      2,556 SF

      New Brick Duplex in Berea

      New construction duplex near schools, shopping, and I-75.
      406 Nandino Cir, Berea, KY 40403
      View Details
    • $285,000
      2,072 SF

      Berea Brick Duplex Near College

      Berea duplex with two-bedroom units near Boone Tavern and college.
      655-659 Scaffold Cane Rd, Berea, KY 40403
      View Details
    • $269,900
      0.41 Acres

      Well-Maintained Triplex Outside Berea

      Three-unit property with updated interiors and detached garages for additional income.
      2471 Scaffold Cane Rd, Berea, KY 40403
      View Details
    • New
      $275,000
      2,135 SF

      Berea Duplex with Large Yard

      Duplex in Berea with two bedrooms and a large yard.
      99 Lorraine Ct, Berea, KY 40403
      View Details

    FAQs

    What type of property is this?
    Land - 4 Acres, Prime Commercial Location
    Where is this land located?
    The property is located at 519 Walnut Meadow Rd Berea, KY.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: Four-acre level lot with excellent visibility and accessibility.; Suitable for office, retail, light industrial, and warehouse uses.; Prime location between Park Community Bank and First Baptist Church, offering significant road frontage.
    (859) 309-0099
    Request Owner's contact information
    519 Walnut Meadow Rd Berea, KY 40403
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    519 Walnut Meadow Rd
    Berea, KY 40403
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    519 Walnut Meadow Rd Berea, KY 40403
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.