Residential Redevelopment Land
For Sale
Contact for pricing
8693 Evergreen Drive, Florence, KY 41042
Redevelopment-ready land currently improved with an older house, positioned for higher-density housing subject to approvals.
Property SizeContact for details
Lot Size5.00 Acres
Days on Market70
Property Features for 8693 Evergreen Drive
General Information
Standard status
Active
Lot size
5.00 Acres
Property subtype
Multifamily, Land
Zoning
Residential
Investment Type
Redevelopment
Building Details
Year Built
1950
Listing Agency:
CURO | BRKG
(513) 999-2876
Listed By:
Tracy Warner · License #251464
Source:
Crexi
Added: Jun 2
Changed: Aug 8
Last Checked: Jul 15 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 CURO | BRKG
Investment Insights
Based on property information with market context.
The property consists of approximately five acres of land improved with a house from the 1950s. The site is currently zoned residential, and ownership is marketing it as a redevelopment opportunity for alternative residential configurations, subject to zoning and municipal approvals.
The parcel is located at 8693 Evergreen Drive in Florence, Kentucky. The surrounding area is described as having established residential density alongside expanding commercial activity, with nearby restaurants, retail centers, industrial employers, healthcare, and everyday consumer services. The property is positioned within a market experiencing continued residential and commercial growth, and it is bordered by a mix of single-family neighborhoods and apartment and multi-family developments.
For developers and investors evaluating residential redevelopment, the site may support multiple residential lots, townhome development, multi-family housing, or other higher-density residential uses, based on what is ultimately approved by local authorities. Interested parties should plan for due diligence regarding zoning outcomes, required municipal approvals, and the feasibility of proposed site layouts. Offers are being requested by June 30, 2026; contact the broker for additional information and materials to support review and underwriting.
The parcel is located at 8693 Evergreen Drive in Florence, Kentucky. The surrounding area is described as having established residential density alongside expanding commercial activity, with nearby restaurants, retail centers, industrial employers, healthcare, and everyday consumer services. The property is positioned within a market experiencing continued residential and commercial growth, and it is bordered by a mix of single-family neighborhoods and apartment and multi-family developments.
For developers and investors evaluating residential redevelopment, the site may support multiple residential lots, townhome development, multi-family housing, or other higher-density residential uses, based on what is ultimately approved by local authorities. Interested parties should plan for due diligence regarding zoning outcomes, required municipal approvals, and the feasibility of proposed site layouts. Offers are being requested by June 30, 2026; contact the broker for additional information and materials to support review and underwriting.
Key Highlights
- Approximately 5‑acre Northern Kentucky redevelopment site, currently improved with a house built in the 1950s
- Property is currently zoned residential and offers redevelopment potential for multiple residential lots, townhomes, multi‑family, or higher‑density housing (subject to zoning and municipal approvals)
- Located in an area with ongoing residential and expanding commercial activity, surrounded by single‑family neighborhoods and multi‑family developments
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
536
Businesses Nearby
Explore this area
Business Placement
Demographics for 41042, KY
54,183
Population
23,640
Households
2.3
Avg Household Size
38
Median Age
28%
College-Educated
92%
High-School Grad
22.1 sq mi
ZIP Area
2,452
Density / Sq Mi
$75,582
Median Household Income
$43,501
Median Earnings
$1,240
Median Rent
$210,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Redevelopment-ready land currently improved with an older house, positioned for higher-density housing subject to approvals.
Where is this residential land & home lot located?
The property is located at 8693 Evergreen Drive Florence, KY.
What are key features of this property?
This property features: Approximately 5‑acre Northern Kentucky redevelopment site, currently improved with a house built in the 1950s; Property is currently zoned residential and offers redevelopment potential for multiple residential lots, townhomes, multi‑family, or higher‑density housing (subject to zoning and municipal approvals); Located in an area with ongoing residential and expanding commercial activity, surrounded by single‑family neighborhoods and multi‑family developments
