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    476 Davis Ln Walton, KY 41094

    For Sale
    $3,464,500

    5.33 Acres, High-Visibility Development

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 5.33-acre commercial land parcel in Walton, Kentucky, presents a prime development opportunity. Located in Boone County, with APN 076.00-00-001.03, this property boasts unparalleled visibility from Interstates 71 and 75, experiencing traffic exceeding 100,000 vehicles daily. Its strategic location offers easy access to major transportation arteries, placing it just 18 miles from Downtown Cincinnati. The C-3/CD zoning permits a variety of uses, including high-end restaurants, retail establishments, and medical offices, making it ideal for a diverse range of businesses. The site's potential is further enhanced by its position within a thriving retail hub, adjacent to the Provision Living Campus at Crown Ridge and across from the Triple Crown Country Club. A future Publix Supermarket is also nearby. Development plans could include two buildings exceeding 10,000 square feet each, along with three additional outlots, offering flexibility and maximizing investment potential. Public road access is available from Davis Lane and Richwood Road. The asking price for this exceptional property is $3,464,500, translating to $650,000 per acre. This represents a significant opportunity for investors seeking high-return commercial development in a rapidly growing area. The property is owned by an LLC. A ground lease option may be available.

    Property Features for 476 Davis Ln

    General Information

    Property type
    Land
    Lot Size
    232,175 SF

    HighLights

    • $3,464,500 asking price for 5.33 acres of commercial land.
    • Excellent Interstate 71/75 access, with over 100,000 vehicles daily passing by.
    • Located 18 miles from Downtown Cincinnati.
    • Prime retail location in a central hub.
    • Development potential includes two 10,000+ sq ft retail buildings and three outlots.
    • Adjacent to a future Publix Supermarket.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Wholesale Shop Auto Repair Shop Clothing Store Pharmacy Auto Parts Store Kitchen & Bath Discount Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Walton
    County
    Boone
    State
    Kentucky
    Longitude
    -84.5850997
    Latitude
    38.8832566

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    FAQs

    What type of property is this?
    Land - 5.33 Acres, High-Visibility Development
    Where is this land located?
    The property is located at 476 Davis Ln Walton, KY.
    What is the asking price?
    The asking price for this property is $3,464,500.
    What are key features of this property?
    This property features: $3,464,500 asking price for 5.33 acres of commercial land.; Excellent Interstate 71/75 access, with over 100,000 vehicles daily passing by.; Located 18 miles from Downtown Cincinnati.
    Request Owner's contact information
    476 Davis Ln Walton, KY 41094
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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
    476 Davis Ln Walton, KY 41094
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