Farristown Industrial Road

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Farristown Industrial Road

Berea, KY 40403
Asking Price
$584K
Asset Type
Commercial Land
Class
Class B

What's Special

Land <ul><li>​<span style="color: rgba(3, 7, 18, 1)">Shovel-ready industrial lots (+/- 1.0-1.2 acres) with utilities in place</span></li><li>​<span style="color: rgba(3, 7, 18, 1)">Zoned I-2 (Heavy Industrial) allowing for flexible industrial use</span></li><li>​<span style="color: rgba(3, 7, 18, 1)">Less than 2 miles from I-75 with strong regional connectivity</span></li><li>​<span style="color: rgba(3, 7, 18, 1)">Located within Triple Crown Business Park, projected to create 700+ jobs</span></li><l

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NOI
$80,000
Cap Rate
13.69%
DSCR
2.31
Strong
Cash-on-Cash
25.85%
Monthly Payment
$2,890.55
Annual Cash Flow
$45,313.397

Location & Travel Times