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    7541 Alexandria Pike Alexandria, KY 41001

    Sponsored
    For Sale
    $595,000

    High-traffic commercial lot, build-to-suit option.

    Property size:
    10,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 7.7-acre commercial lot presents a unique investment opportunity in booming southern Campbell County, Kentucky. Located at 7541 Alexandria Pike in Alexandria (zip code 41001), this property boasts over 30,000 vehicles passing daily, ensuring high visibility and accessibility for any business. The lot is situated directly in front of a newly constructed 327-unit apartment complex, guaranteeing a built-in customer base. This prime location offers a significant advantage for businesses seeking high foot traffic and a dense residential population. The asking price for this 10,000 square foot parcel is $595,000, translating to an attractive price per acre of $77,273. A build-to-suit option is available, allowing for the construction of a custom multi-tenant strip center tailored to specific business needs. This property is ideal for developers and investors seeking a high-return investment in a rapidly growing area. The property's classification includes multifamily and commercial designations, reflecting its versatility and potential for diverse commercial uses. Don't miss this chance to secure a prominent location in a thriving Kentucky market.

    Property Features for 7541 Alexandria Pike

    General Information

    Property type
    Multifamily properties
    Square Feet
    10,000 SF
    Lot Size
    335,412 SF

    Building Details

    Units
    327

    HighLights

    • 7.7‑acre commercial lot in Alexandria, KY (zip code 41001), located at 7541 Alexandria Pike.
    • High visibility with over 30,000 vehicles passing daily.
    • Adjacent to a new 327‑unit apartment complex.
    • $595,000 asking price; $77,273 per acre.
    • Build‑to‑suit option available for a multi‑tenant strip center.
    • Multifamily and commercial zoning allows for diverse uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Alexandria
    County
    Campbell
    State
    Kentucky
    Longitude
    -84.397361
    Latitude
    38.97932

    Nearby Comparable

    • $550,000
      0.37 Acres

      Alexandria Pike Retail Opportunity

      High-traffic retail lot, prime location.
      7540 Alexandria Pike, Alexandria, KY 41001
      View Details
    • $20,000,000
      62.96 Acres

      Alexandria Pike Commercial Land

      63 Acres, Prime Highway Frontage, Development Ready
      7562 Alexandria Pike, Alexandria, KY 41001
      View Details
    • $500,000

      Development Opportunity on Alexandria Pike

      Commercial land for development in high-traffic area.
      7000 Alexandria Pike, Alexandria, KY 41001
      View Details
    • $300,000
      1.25 Acres

      Alexandria KY Retail Outlots

      Prime 72,000 SF Retail Land, Vacant
      0 Alexandria Pike & Poplar Rdg Rd, Alexandria, KY 41001
      View Details
    • $925,000
      6,300 SF

      Commercial Building in Campbell County

      Prime investment opportunity in a high-traffic, high-visibility location.
      200 Commercial Cir, Alexandria, KY
      View Details
    • Contact for pricing

      72,000 SF Shopping Center

      72,000 SF shopping center in Alexandria, Kentucky.
      Alexandria Pike & Poplar Rdg Rd, Alexandria, KY
      View Details
    • $950,000
      4,065 SF

      Former Bank with Drive-Thru Lanes

      Freestanding former bank building with drive-thru in Alexandria, KY.
      8210 E Main St, Alexandria, KY 41001
      View Details
    • $1,650,000
      6.23 Acres

      Former Bank on 6+ Acres

      Restaurants • 4,065 SF
      8210 Main St, Alexandria, KY 41001
      View Details
    • $349,900

      Commercial Land Near Heritage Bank

      0.8 acre commercial lot, ideal for retail.
      4929 Alexandria Pike, Newport, KY 41076
      View Details

    Nearby Similar for Sale

    • New
      $1,500,000
      3.47 Acres

      Office Building with Warehouse Space

      Versatile office building with warehouse in Campbell County.
      9796 Alexandria Pike, Alexandria, KY 41001
      View Details
    • $950,000
      4,065 SF

      Former Bank with Drive-Thru Lanes

      Freestanding former bank building with drive-thru in Alexandria, KY.
      8210 E Main St, Alexandria, KY 41001
      View Details
    • $925,000
      6,300 SF

      Commercial Building in Campbell County

      Prime investment opportunity in a high-traffic, high-visibility location.
      200 Commercial Cir, Alexandria, KY
      View Details
    • Contact for pricing

      72,000 SF Shopping Center

      72,000 SF shopping center in Alexandria, Kentucky.
      Alexandria Pike & Poplar Rdg Rd, Alexandria, KY
      View Details
    • $20,000,000
      62.96 Acres

      Alexandria Pike Commercial Land

      63 Acres, Prime Highway Frontage, Development Ready
      7562 Alexandria Pike, Alexandria, KY 41001
      View Details
    • $550,000
      0.37 Acres

      Alexandria Pike Retail Opportunity

      High-traffic retail lot, prime location.
      7540 Alexandria Pike, Alexandria, KY 41001
      View Details

    FAQs

    What type of property is this?
    Multifamily property - High-traffic commercial lot, build-to-suit option.
    Where is this multifamily property located?
    The property is located at 7541 Alexandria Pike Alexandria, KY.
    What is the asking price?
    The asking price for this property is $595,000.
    What are key features of this property?
    This property features: 7.7-acre commercial lot in Alexandria, KY (zip code 41001), located at 7541 Alexandria Pike.; High visibility with over 30,000 vehicles passing daily.; Adjacent to a new 327-unit apartment complex.
    Request Owner's contact information
    7541 Alexandria Pike Alexandria, KY 41001
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    Alexandria, KY 41001
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    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
    7541 Alexandria Pike Alexandria, KY 41001
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