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Property profile & analytics
FOR SALE
Commercial land

261 Paint Lick Rd Berea, KY 40403

Property ID
US34-1587542
Property summary
AI-generated overview

Don't miss this exceptional opportunity to acquire prime commercial land in a highly accessible location off I-75! Zoned, B-4, this prime parcel offers +/- 17 acres with exceptional accessibility and visibility and is an excellent opportunity for various development investments. The region exhibits a strong economic growth trajectory with increasing population and business expansion. With its generous acreage, this property provides ample space single or multiple development opportunities. The location grants unparalleled exposure to a high volume of daily traffic, ensuring maximum visibility. Property Highlights: Consisting of +/- 17 acres in one of Berea's prime business locations, this property offers incredible access and visibility from nearby I-75. Hence, this site is ideal for a number of commercial users, such as office, retail, and numerous other end users. This property benefits from well-developed infrastructure and utilities, including access to electricity, water, sewage, and high-speed internet connection. These essential amenities are readily available. Berea boasts a thriving local economy, characterized by a diverse mix of industries and a supportive business climate. This property offers access from both Paint Lick Road and S Dogwood Drive, providing a robust customer base and access to a prosperous business. Location Description: Located just off I-75 exit 76, this property is situated between Paint Lick Rd, S Dogwood Dr, and Interstate I-75. Nearby retail include Walmart Supercenter, Shell Gas Station, Burger King, Speedway, Popeye's Chicken, and Wendy's Fast Food.

Property profile
Verified
Property type Commercial land
UPID US34-1587542
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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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