Property summary
This exceptional 1.89-acre commercial land parcel presents a compelling investment opportunity in Berea, Kentucky. Located at 997 Misti Dr, Berea, KY 40403, this property boasts a highly desirable B2 zoning designation, opening doors to a wide range of commercial uses or multi-family residential development. Its strategic location directly off the new Berea Bypass and in close proximity to I-75 ensures unparalleled visibility and accessibility, attracting significant foot and vehicle traffic. The property's size and zoning provide ample space for substantial development projects, catering to businesses seeking high-profile locations or developers aiming to capitalize on the growing demand for housing in the area. The asking price for this prime piece of land is $499,000. This represents a unique chance to acquire a well-positioned asset with significant potential for future growth and return on investment. The property is owned outright, simplifying the acquisition process. Madison County's thriving economy and strategic location further enhance the investment appeal of this exceptional opportunity. Don't miss this chance to secure a piece of Berea's burgeoning commercial landscape.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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