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208-Unit Nursing Home

3510 Alexandria Pike, Highland Heights, KY 41076

For Sale
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Private bathrooms, a commercial kitchen, dining space, fitness facilities, and courtyards support a range of senior care operations.

Property SizeContact for details
Lot Size8.60 Acres
Days on Market42

Property Features for 3510 Alexandria Pike

General Information

Standard status Active
Lot size 8.60 Acres
Property subtype Multifamily, Senior Living
Zoning R-2

Additional Details

Road Access Yes
Sprinkler System Yes

Amenities

commercial kitchen
dining facilities
fitness center
outdoor courtyards

Building Details

Buildings 1
Stories 3
Listing Agency: 3CRE Columbus
Listed By: Michael Costantini · License #KY 281226
Source: Crexi
Added: Sep 29 Changed: Nov 8 Last Checked: Nov 8 at 5:55PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of 3CRE Columbus

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Investment Insights

Based on property information with market context.

This three-story nursing care property, with an additional basement level, contains 208 units across 8.60 acres. Eight wings extend from a central hub, and four unit configurations range from 214 to 780 SF; each has a private bathroom. Existing features include wide hallways, full sprinkler coverage, a commercial kitchen, dining areas, a fitness center, and outdoor courtyards. Central plant infrastructure was upgraded in 2025.

The property is at 3510 Alexandria Pike in Highland Heights, Kentucky, within the NKU corridor. A VA Medical Clinic is 0.4 miles away, and St. Elizabeth Fort Thomas is under 10 minutes away. The surrounding five-mile area has 34,605 residents aged 55 and older.

Zoned R-2 Residential, the site allows nursing home use through conditional use approval; multifamily redevelopment is permitted by right. Nursing care, assisted living, independent living, and memory care are among the care models identified for the property.

Key Highlights

  • 208 units across 8.60 acres; three stories plus a basement
  • Eight wings arranged around a central hub; unit sizes range from 214 to 780 SF
  • Private bathroom in each unit; four unit configurations

Property Analytics

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Current Use

Nursing homes

Suggested Use

Top Pick Law Firm Hair Salon Building Supply Big Box & Wholesale Store HVAC Service Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Sprinkler system
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

704
Businesses Nearby
Under-served
Demand for This Use

Demographics for 41076, KY

17,440
Population
7,729
Households
2.3
Avg Household Size
38
Median Age
44%
College-Educated
95%
High-School Grad
19.2 sq mi
ZIP Area
908
Density / Sq Mi
$72,387
Median Household Income
$36,301
Median Earnings
$1,132
Median Rent
$203,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Nursing home - Private bathrooms, a commercial kitchen, dining space, fitness facilities, and courtyards support a range of senior care operations.
Where is this nursing home located?
The property is located at 3510 Alexandria Pike Highland Heights, KY.
What are key features of this property?
This property features: 208 units across 8.60 acres; three stories plus a basement; Eight wings arranged around a central hub; unit sizes range from 214 to 780 SF; Private bathroom in each unit; four unit configurations
(513) 383-8413 Call to check price and availability
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