0 Old Peggy Flat Rd Berea, KY 40403
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.