Old Peggy Flat Rd Berea, KY 40403
- Commercial real estate
- 0.65 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for Old Peggy Flat Rd
- Lot size
- 0.65 lot acres
- Property type
- Commercial real estate
Description
This exceptional 0.65-acre commercial lot presents a rare opportunity for development at Exit 77 off Interstate 75 in Berea, Kentucky. Boasting prominent visibility from the interstate, this property enjoys a strategic location surrounded by a thriving mix of retail, hotel, office, and residential properties, ensuring high traffic and excellent exposure for any commercial venture. The lot is zoned B-4 for commercial development, allowing for a wide range of uses. A conceptual plan is available, illustrating the potential for a 2,600 square foot retail building with ample parking. All necessary utilities are readily available on-site, simplifying the development process. Perhaps the most compelling feature is the availability of a 75-foot high-rise signage opportunity, offering a substantial 400 square foot signage surface area – a highly sought-after asset for attracting customers and establishing brand presence. This is a unique chance to capitalize on a prime location with exceptional visibility and development potential in a bustling Kentucky community. The asking price for this remarkable property is $200,000. Don't miss this chance to secure a highly visible and strategically located commercial property in a thriving market.
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
- Berea
- County
- Madison
- State
- Kentucky
- Longitude
- -84.3177
- Latitude
- 37.5967