76 Blvd Berea, KY 40403
This exceptional 18.1-acre industrial land parcel in Berea, Kentucky, presents a compelling investment opportunity. Located less than half a mile from Interstate 75, Exit 76, this property boasts convenient access to major transportation routes. Zoned I-2 for heavy industrial use, it offers significant development potential. A pre-approved city plan facilitates the extension of 76 Blvd to create a cul-de-sac access, suitable for single-use or multi-parcel development. All utilities are readily available at or near the site, minimizing infrastructure costs. The land's relatively flat topography further reduces site preparation expenses, allowing for efficient development, either in phases or as a single project. The seller is open to build-to-suit options for long-term tenants, providing flexibility for potential buyers. The property's proximity to existing industrial developments and large plants within a one-mile radius underscores its strategic location and strong potential for future growth. This prime location and versatile zoning make this an ideal site for a variety of industrial projects. The asking price is $1,250,000. The property is located at 76 Blvd, Berea, KY 40403.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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