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2016 Berea Rd, Richmond, KY 40475

Lat/Long: 37.681599, -84.271309     Elevation: 293.23 meters

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Adam Armstrong
Phone Number: 858.295.8280
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Anamaria Endara
Phone Number: 858.295.8280
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Site Name
2016 Berea Rd, Richmond, Ky 40475
Current Infrastructure
Data Accuracy
0.000
SiteID #
482477
Modified Date
Site Description

2016 Berea Rd, Richmond, Ky 40475 is a Vacant Land property with a cell tower antenna structure. The site offers a 4573800 sqft lot area and has a Madison County APN # of 0070-0000-0009. See the wireless lease estimate for this site and search for cell towers nearby.

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Site Name
2016 Berea Rd, Richmond, Ky 40475
Address
County of Record
Madison County
City
State / Province
Zip Code
Latitude:
Longitude:
Country
United States
Parcel # (APN)
0070-0000-0009
FIPS Code
21,151
Census Tract
21,151,010,901

Census Data

The property located at 2016 Berea Rd is situated in Madison County, Kentucky and has a block FIPS # of 211510109013010. Here is the most recent census data from the 2020 US Census report:
Block FIPS: 211510109013010
County FIPS: 21151
County Name: Madison County
State FIPS: 21
State Name: Kentucky
Block Population (2020): 341
AMT: AMT004
BEA: BEA047
BTA: BTA252
CMA: CMA448
EAG: EAG702
IVM: IVM448
MEA: MEA023
MTA: MTA026
PEA: PEA096
REA: REA004
RPC: RPC002
VPC: VPC004
Lot Area
4,573,800.00sq. ft.
# of Buildings
1
Building Area
3,755sq. ft.
Stories
1
Technology & Infrastructure

Utility Information

Utility Company:
Company ID:
Residential Rate: $ /kWh
Commerical Rate: $ /kWh
Industrial Rate: $ /kWh
{ "status": 41 }

Utility Lease Market Valuation Analysis

Cash Flow Analyis
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Cap Rate Range (%)
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Market Lease Comparables
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Sale Value Range ($)
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Utility Lease Market Valuation Analysis

Cash Flow Analyis
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Net Income
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Cap Rate Range (%)
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Market Lease Comparables
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Sale Value Range ($)
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Estimated Utility Lease Rates

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Note: This lease rate estimate incorporates public and user-submitted data into SiteBid’s proprietary formula, also taking into account lease facts, location and market trends.

Estimated Utility Lease Sale Valuation

Note: This doesn't include the value of the real estate and is only based on the lease rights an a recorded utility easement. The amount of the lease buyout depends on the rent being received under the existing lease, the tenant quality, the terms of the lease, the neighborhood location (including traffic counts and population), the duration of the period for which our investor has the right to collect rent, and a number of other variables that make up our risk assessment.

Request a free site valuation and no obligation cash offer.

Infrastructure Investors are actively purchasing fee simple real estate, leases and easements on properties with active utility leases from tier-1 tenants (AT&T, Verizon, T-Mobile, etc.). Depending on the terms of the lease, the lease buyout valuations can range drastically between 16x-20x the annual lease rate for lump-sum payments and 18x-25x for structured payments.

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