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    Mount Zion Rd Florence, KY 41042

    Sponsored
    For Sale
    $689,000

    Prime 2-acre C-3 zoned land. Exceptional investment.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2-acre commercial and industrial land parcel presents a compelling investment opportunity in Florence, Kentucky. Located on Mt Zion Rd, zip code 41042, this property is zoned C-3, offering significant development potential. Its strategic location provides unparalleled convenience and accessibility to major transportation arteries, making it an ideal site for a variety of commercial or industrial ventures. The asking price is $689,000. This property is situated in a thriving community experiencing robust growth, promising substantial returns for investors. The site's prime location and C-3 zoning provide flexibility for a wide range of development projects. Prospective buyers will find this property particularly attractive due to its ease of access and the potential for significant appreciation. The 2-acre lot size offers ample space for substantial development, catering to a variety of project scales and scopes. This is a rare opportunity to acquire a highly desirable commercial and industrial land parcel in a rapidly developing area of Kentucky. The property's location and zoning make it an excellent choice for investors seeking strong returns and long-term growth potential. Broker co-op is available.

    Property Features for 0 Mount Zion Rd

    General Information

    Property type
    Land
    Lot Size
    87,120 SF

    HighLights

    • $689,000 asking price for 2 acres of commercial/industrial land.
    • C‑3 zoning.
    • Located in Florence, KY, 41042, on Mt Zion Rd.
    • Broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Florence
    County
    Boone
    State
    Kentucky
    Longitude
    -84.63033687753
    Latitude
    38.956058253069

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    FAQs

    What type of property is this?
    Land - Prime 2-acre C-3 zoned land. Exceptional investment.
    Where is this land located?
    The property is located at Mount Zion Rd Florence, KY.
    What is the asking price?
    The asking price for this property is $689,000.
    What are key features of this property?
    This property features: $689,000 asking price for 2 acres of commercial/industrial land.; C-3 zoning.; Located in Florence, KY, 41042, on Mt Zion Rd.
    Request Owner's contact information
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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
    Mount Zion Rd Florence, KY 41042
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