For Sale
$5,350,000

649 Caleast RdRichmond, KY 40403

152 Acres, Opportunity Zone, High Visibility

Overview

Added:
Dec 11, 2024
Days on market:
124
This exceptional 152-acre development parcel presents a unique investment opportunity in Madison County, Kentucky. Strategically located near Exit 83 of I-75, this property boasts thousands of feet of interstate frontage, ensuring high visibility and accessibility. Currently zoned UC-7, the land is primed for commercial or residential development, offering significant potential for diverse projects. Its location within an Opportunity Zone adds further investment appeal. The site's proximity to key infrastructure is a major advantage. It's less than a mile from I-75 Exit 83, and within two miles of both the Richmond Regional Airport and the Richmond Industrial Park. Furthermore, its location is approximately four miles south of Richmond and six miles north of Berea, providing convenient access to these thriving communities. The property's location offers easy access to US 25 and a significant US Government-Military presence in the county. This prime location, combined with its size and zoning potential, makes this a compelling opportunity for developers seeking a high-impact project in a rapidly growing area. The asking price for this exceptional property is $5,350,000. The address is 649 Caleast Rd, Berea, KY 40403.

Highlights

  • Less than one mile to I-75 Exit 83.
  • Extensive I-75 frontage.
  • Suitable for commercial or residential development.
  • Two miles to Richmond Industrial Park and regional airport.
  • Conveniently located 4 miles south of Richmond, 6 miles north of Berea, and under 30 miles to Lexington.

Property Details for 649 Caleast Rd

Property type
Land
Lot Size (sq. ft)
6,621,120 SF

Location Insight

City
Richmond
County
Madison
State
Kentucky
Latitude
37.6695972
Longitude
-84.3205841
649 Caleast Rd, Richmond, Kentucky

FAQs

What type of property is this?
Land - 152 Acres, Opportunity Zone, High Visibility
Where is the land located?
The property is located at 649 Caleast Rd Richmond, KY.
What is the asking price?
The asking price for this property is $5,350,000.
What are key features of this property?
This property features: Less than one mile to I-75 Exit 83.; Extensive I-75 frontage.; Suitable for commercial or residential development.
How can I contact the broker?
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649 Caleast Rd
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