152 Acre Development Land
For Sale
Contact for pricing
649 Caleast Rd, Berea, KY 40403
152-acre development land near I-75 and Richmond Industrial Park.
Lot Size152.00 Acres
Days on Market729
Property Features for 649 Caleast Rd
General Information
Standard status
Active
Lot size
152.00 Acres
Property subtype
Land
Listing Agency:
SVN | Stone Commercial Real Estate
(859) 312-8069
Listed By:
Neal Metcalfe · License #KY 217705
Source:
Crexi
Added: Aug 1, 2024
Changed: Jul 6
Last Checked: Jul 30 at 3:43PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN | Stone Commercial Real Estate
Investment Insights
Based on property information with market context.
This 152-acre parcel of development land, currently zoned Agriculture, was recently annexed into the City of Richmond. The raw land site qualifies for potential Commercial and residential zoning in an Opportunity Zone, with easy access to Exit 83 on I-75. This exit recently became noteworthy with the first Buccees Travel Stop in Kentucky. The Duncannon Road exit was developed decades ago to provide easy access to U.S. 25 and to the US Government-Military's 14,000+ acres in Madison County. The regional Madison County Airport is approximately 2 miles from this parcel, and the Richmond Industrial Park is within 2 miles on Duncannon as well. The proximity to many regional corridors of the state from this site make it a good long-term location for work or commuting, as well as home sites.
Key Highlights
- 152‑acre development land parcel annexed into the City of Richmond.
- Located in an Opportunity Zone with potential for Commercial and residential zoning.
- Easy access to Exit 83 on I‑75, near the first Buc‑ee's Travel Stop in Kentucky.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
10
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
Market
Properties on Market for Land in Berea
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Land - 152-acre development land near I-75 and Richmond Industrial Park.
Where is this land located?
The property is located at 649 Caleast Rd Berea, KY.
What is the asking price?
The asking price for this property is $4,250,000.
What are key features of this property?
This property features: 152‑acre development land parcel annexed into the City of Richmond.; Located in an Opportunity Zone with potential for Commercial and residential zoning.; Easy access to Exit 83 on I‑75, near the first Buc‑ee's Travel Stop in Kentucky.
