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Highway 1016 - Zoned B-2 Land 9.23 Acres of Commercial Land Offered at $400,000 in Berea, KY 40403

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EXECUTIVE SUMMARY

NAI Isaac is pleased to present Lots 3-A/B, 9.23 acres located on Highway 1016 (Kingston Road) for sale. Close proximity to the proposed By-pass Extension, downtown Berea, Berea College, public schools and the Richmond Road commercial corridor. Berea and Madison County are one of the fastest growing areas in Kentucky. Berea is the fastest growing city in the Bluegrass Region and the eighth fastest growing city in Kentucky. Berea has a lower cost of living than the larger cities in the Bluegrass Region.

PROPERTY FACTS

Price $400,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Retail
Total Lot Size 9.23 AC
Zoning B-2 - Commercial

1 LOT AVAILABLE

Lot Lot 3-A

Price $400,000
Price Per AC $43,336.94
Lot Size 9.23 AC

DESCRIPTION

NAI Isaac is pleased to present Lots 3-A/B, 9.23 acres located on Highway 1016 (Kingston Road) for sale. Close proximity to the proposed By-pass Extension, downtown Berea, Berea College, public schools and the Richmond Road commercial corridor. Berea and Madison County are one of the fastest growing areas in Kentucky. Berea is the fastest growing city in the Bluegrass Region and the eighth fastest growing city in Kentucky. Berea has a lower cost of living than the larger cities in the Bluegrass Region. Berea is only 40 miles south of Lexington, KY and 15 miles from Richmond, KY. Berea is a city of approximately 13,500 people located on Interstate 75 (exits 76 and 77) and a short distance to Interstates 64, 65 and 40. It has access to a major airport as well as a local airport. Berea is in close proximity to the majority of US population (54%), personal income (53%), retail sales (51%) and manufacturing employment (60%). Berea is also one of the fastest growing towns in Kentucky. Berea is a principal city of the Richmond Berea Micropolitan Statistical Area, which includes all of Madison and Rockcastle counties. The town is known for Berea College, with its commitment to interracial co-education and service to the Appalachian Region. Berea is the Folk Arts and Crafts Capital of Kentucky- Where Art' s Alive.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0074-0000-0004-B
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$20,000
  • Listing ID: 6515164

  • Date on Market: 1/15/2014

  • Last Updated:

  • Address: Highway 1016, Berea, KY 40403

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