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    Interstates 71 & 75 Walton, KY 41091

    For Sale
    $2,558,500

    7.31 acres, I-71/75, prime location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 7.31-acre commercial land parcel in Boone County, Kentucky, presents a unique investment opportunity. Located at the intersection of Interstates 71 and 75 in Richwood (zip code 41091), this C-4 zoned property boasts over 3,000 feet of public road frontage, ensuring high visibility and accessibility. The asking price is $2,558,500, translating to $350,000 per acre. This prime location benefits from daily traffic exceeding 112,000 vehicles on the interstates, placing your business within a thriving retail hub. The site is ideally suited for a diverse range of developments, including restaurants, medical offices, retail spaces, or other commercial ventures. All utilities are readily available, and the area enjoys low tax rates, creating a favorable environment for business growth. Nearby amenities include the Hampton Inn & Longnecks Richwood, and the property's proximity to major attractions like Downtown Cincinnati (17 miles north), Kentucky Speedway (25 miles west), and the Ark Encounter (11 miles south) further enhances its appeal. Furthermore, the Kentucky Department of Transportation has approved funding for upcoming Interstate ramp improvements, promising increased accessibility and future development potential. The rapidly expanding Triple Crown residential development lies directly west, adding to the area's growth trajectory. This is a rare opportunity to acquire a strategically located commercial land parcel in a high-growth area.

    Property Features for 0 Interstates 71 & 75

    General Information

    Property type
    Land
    Lot Size
    318,424 SF

    HighLights

    • Strong performing Hampton Inn & Longnecks Richwood hotels.
    • Excellent I‑75/I‑71 frontage with high visibility.
    • Over 3,000 feet of public road frontage.
    • Suitable for diverse development (restaurant, medical, retail, commercial).
    • All utilities readily available.
    • Attractive low tax rates.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Walton
    County
    Boone
    State
    Kentucky
    Longitude
    -84.630861099219
    Latitude
    38.924746942814

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    FAQs

    What type of property is this?
    Land - 7.31 acres, I-71/75, prime location
    Where is this land located?
    The property is located at Interstates 71 & 75 Walton, KY.
    What is the asking price?
    The asking price for this property is $2,558,500.
    What are key features of this property?
    This property features: Strong performing Hampton Inn & Longnecks Richwood hotels.; Excellent I-75/I-71 frontage with high visibility.; Over 3,000 feet of public road frontage.
    Request Owner's contact information
    Interstates 71 & 75 Walton, KY 41091
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    Walton, KY 41091
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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
    Interstates 71 & 75 Walton, KY 41091
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