www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
34004486
34004484

350 Pauline Dr, Berea, KY 40403

JL
KY KY 283306
Alton Webb & Associates
Listed by Alton Webb & Associates
$925,000
8 days on market
Updated 8 days ago

I-75 Interstate Development Site

Details
APN 0060-0000-0031-14
Property Type Multifamily, Land
Sub Type Residential, Commercial
Units 40
Price per SqFt $6
Class A
Acreage 3.470
Zoning B-4
Investment Type Redevelopment

350 Pauline Dr, Berea, KY 40403

Marketing description

Unlock immediate value with this +/- 3.47 acre parcel in the fast growing Berea, Kentucky market. Strategically located off Exit 77 of I-75, this site includes full construction plans for a 40 unit townhome development, positioning it as a turnkey opportunity for builders and investors alike.

Zoned and designed for high density residential use, the property benefits from a strong regional housing demand and access to city utilities. The proximity to employment centers, Berea College, Eastern Kentucky University and shopping corridors add to its appeal.

Whether looking build and hold or develop and exit, this site offers a head start in one of Central Kentucky's most dynamic corridors. The current owner has the ability to have the land "vertical ready" prior to winter of 2026.

Contact us today to review the plans, discuss options and walk the site. Opportunities this ready don't come often.

Investment highlights

  • 3.47 Acres with approved construction plans for 40 townhomes.
  • Prime location near I-75 with strong commuter access
  • City Utilities available at the site.
  • Growing demand for quality housing in Madison County, Richmond and Berea.
  • Walkable access to local amenities and a short drive to Richmond and Lexington.
  • See Video in the photos section

Listing Contacts

JL
KY KY 283306
Alton Webb & Associates
Listed by Alton Webb & Associates

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Zoning

Intelligence Badge
B-4 CommercialSpecial CommercialInterchange Business
View municipality zoning documents
Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 148 uses
View all 148 uses
Last updated Apr 2, 2026 For deeper zoning details, reports are available at Zoneomics

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
John Leeper
License
KY 283306
Brokerage
Alton Webb Commercial Real Estate
Brokerage Phone
5024806024
Title
Advisor
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591