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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 Old Peggy Flat Rd Berea, KY 40403

0.65 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.65-acre commercial land parcel presents a rare opportunity for development in Berea, Kentucky. Strategically located at Exit 77 off Interstate 75, this property boasts unparalleled visibility and accessibility. The B-4 zoning allows for a wide range of commercial uses, including retail, making it perfect for businesses seeking high traffic exposure. A conceptual plan illustrates the potential for a 2,600 square foot retail building with ample parking. The site's prime location is surrounded by a thriving mix of hotels, retail establishments, industrial facilities, offices, and residential areas, ensuring a robust customer base. Utilities are readily available. A significant advantage is the permitted 75-foot high-rise signage, offering 400 square feet of signage surface area for maximum brand visibility. The property's APN is 0060-0000-0033-E. This is a unique chance to acquire a highly visible and versatile commercial lot in a rapidly growing area. The asking price is $200,000. Don't miss this chance to capitalize on this prime location.

Property profile
Verified
Property type Retail properties & Spaces
Lot 0.65 ac (28,314 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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