Peggy Flats Rd Paint Lick, KY 40403
- Land
- 4.88 lot acres
Current Use by Public Records
- Land
Property Details for 0 Peggy Flats Rd
- Lot size
- 4.88 lot acres
- Property type
- Land
Description
This exceptional 4.877-acre commercial development parcel presents a unique investment opportunity in Berea, Kentucky. Strategically located off I-75 at Exit 77, this property boasts high visibility and convenient access to major transportation routes. The land is zoned B-4, allowing for a diverse range of commercial uses, including multi-family residential, professional or medical offices, and vehicle repair facilities. The Berea city zoning permits numerous additional uses, providing flexibility for various development plans. This area has experienced significant growth in recent years, with new retail, restaurant, and hotel developments nearby, indicating a strong and expanding market. The asking price for this prime commercial land is $500,000. The property's location within a thriving community, combined with its versatile zoning and excellent accessibility, makes it an ideal site for a variety of commercial ventures. The 4.877-acre lot offers ample space for substantial development, catering to a wide range of project scales and scopes. This is a rare opportunity to acquire a well-situated commercial property in a rapidly developing area of Kentucky. Don't miss this chance to secure a valuable asset with significant potential for future growth and return on investment. The property is situated in Madison County, Kentucky, with a 40403 zip code.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Paint Lick
- County
- Madison
- State
- Kentucky
- Longitude
- -84.3157
- Latitude
- 37.6107
