107 Jane St Berea, KY 40403-1621
This exceptional 0.61-acre commercial land parcel, located at 107 Jane Street in Berea, Kentucky, presents a unique investment opportunity. Zoned B-4, this property offers significant potential for retail development. The site is ideally situated next to Central Bank and Walmart, benefiting from high visibility and traffic flow at Berea's main retail interstate exit. Utilities are already on-site, and the land is level, simplifying development. A previously approved plan exists for a 4,136 square foot multi-tenant building, though a build-to-suit option is also available. The property is offered for ground lease or build-to-suit arrangements, providing flexibility for prospective developers. The property's location at the main interstate exit ensures high visibility and accessibility for businesses. The Madison County location (APN B002-0003-0003) offers a strong foundation for a successful retail venture. This is a rare chance to acquire a prime retail site in a thriving Kentucky community. Note that information regarding alcohol sales by restaurants in Berea is based on data from October 2015 and may be subject to change. Interested parties should conduct their own due diligence to verify current regulations.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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.