Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    4979 Oliver Rd/2324 Independence, KY 41051

    Sponsored
    For Sale
    Contact for pricing

    33-35 Acres, Flexible Zoning, Ideal Development Site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 33-35 acre commercial land parcel presents a unique investment opportunity in Independence, Kentucky. Located at 4979 Oliver Rd/2324 Harris Pike, this property boasts a highly desirable location with flexible zoning, allowing for a diverse range of development possibilities. The site is ideally suited for a mixed-use development, encompassing single-family homes, townhomes, condominiums, and light commercial spaces. Existing infrastructure includes readily available electric, water, and sewer utilities, simplifying the development process. The property features an impressive 2,500 feet of frontage along Madison Pike, providing excellent visibility and accessibility. Four existing curb cuts further enhance convenience and traffic flow. The asking price varies based on the acreage selected: 35 acres are offered at $1,795,000, while a 33-acre option is available for $1,745,000. This prime location in Kenton County, Kentucky, zip code 41051, offers unparalleled potential for significant return on investment. Don't miss this chance to acquire a substantial tract of land with exceptional development potential in a thriving Kentucky community. The property is zoned for flexible use, making it an attractive option for a variety of projects.

    Property Features for 4979 Oliver Rd/2324

    General Information

    Property type
    Land
    Lot Size
    1,437,480 SF

    HighLights

    • Ideal location for a mixed‑use development of single‑family homes, townhomes, condos, and light commercial space.
    • Existing utilities including electric, water, and sewer.
    • 2,500 feet of frontage on Madison Pike.
    • Four existing curb cuts.
    • Flexible zoning.
    • 35 acres available for $1,795,000; 33 acres available for $1,745,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Independence
    County
    Kenton
    State
    Kentucky
    Longitude
    -84.5313083
    Latitude
    38.9267789

    Nearby Similar for Sale

    • $325,000
      Pending

      Independence, KY Multi-Family Home

      Multi-family home in Independence, occupied through August 2026.
      5086 Woodale Ct, Independence, KY 41051
      View Details
    • $325,000
      Pending

      Independence KY Duplex For Sale

      Duplex with tenants, generating income, sold as package.
      109 Sylvan Dr, Independence, KY 41051
      View Details
    • $425,000
      Pending

      Corner Lot Commercial Property

      Commercial building on a corner lot in Independence, Kentucky.
      5245 Madison Pike, Independence, KY 41051
      View Details
    • $1,100,000
      5,500 SF

      Auto Repair Shop Opportunity

      Equipped auto repair shop in Independence, Kentucky for sale.
      5323 Madison Pike, Independence, KY 41051
      View Details

    FAQs

    What type of property is this?
    Land - 33-35 Acres, Flexible Zoning, Ideal Development Site
    Where is this land located?
    The property is located at 4979 Oliver Rd/2324 Independence, KY.
    What are key features of this property?
    This property features: Ideal location for a mixed-use development of single-family homes, townhomes, condos, and light commercial space.; Existing utilities including electric, water, and sewer.; 2,500 feet of frontage on Madison Pike.
    Request Owner's contact information
    4979 Oliver Rd/2324 Independence, KY 41051
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4979 Oliver Rd/2324
    Independence, KY 41051
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4979 Oliver Rd/2324 Independence, KY 41051
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.