101 Hendren Way Berea, KY 40403
This exceptional 0.802-acre commercial lot presents a prime opportunity for business development in Berea, Kentucky. Located at the highly visible corner of Hendren Way and Edgewood Drive, this property benefits from its proximity to the busy Nicholasville bypass, ensuring significant daily traffic exposure. Its strategic location offers unparalleled visibility and accessibility for potential customers. The lot is situated adjacent to a McDonald's and diagonally across from a Save-A-Lot, providing immediate proximity to established businesses and a built-in customer base. This presents a unique chance to establish a new business or relocate an existing one to a high-traffic area with excellent visibility. The property is zoned for commercial use, making it ideal for a wide range of businesses. The asking price is $675,000. This is a rare opportunity to acquire a well-positioned commercial lot in a thriving Kentucky community. The address is 101 Hendren Way, Berea, KY 40403. Don't miss out on this chance to secure a prominent location for your business venture. Serious inquiries only.
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.