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    12 Acres Contiguous Florence, KY 41042

    For Sale
    Contact for pricing

    Prime KY Land: 1-12 Acres, US-42 Frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    Exceptional opportunity to acquire one or more contiguous land parcels in Florence, Kentucky. These parcels range in size from one to twelve acres, offering flexibility for a variety of development projects. Many parcels boast highly desirable frontage along US-42, ensuring excellent visibility and accessibility. This established corridor is experiencing significant residential and commercial growth, making this an ideal location for investors seeking strong returns. The property's strategic location provides multiple points of signalized access from US-42, simplifying ingress and egress. Furthermore, the area is thriving with numerous amenities, including a recently constructed Kroger Marketplace, a diverse selection of restaurants, financial institutions, and medical offices, creating a vibrant and convenient environment for future development. The contiguous nature of the parcels allows for the potential acquisition of larger, consolidated land holdings. This prime real estate presents a unique chance to capitalize on the continued expansion of Florence and Union, Kentucky. The parcels are situated in the 41042 zip code.

    Property Features for 12 Acres Contiguous

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • Multiple parcels available, ranging from 1 to 12 acres.
    • Prime location in a growing Florence/Union corridor with strong residential and commercial development.
    • High visibility and accessibility with multiple signalized intersections from US‑42.
    • Adjacent to a new Kroger Marketplace and numerous restaurants, banks, medical facilities, and other businesses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Florence
    County
    Boone
    State
    Kentucky
    Longitude
    -84.6583745
    Latitude
    38.9803309

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    FAQs

    What type of property is this?
    Land - Prime KY Land: 1-12 Acres, US-42 Frontage
    Where is this land located?
    The property is located at 12 Acres Contiguous Florence, KY.
    What are key features of this property?
    This property features: Multiple parcels available, ranging from 1 to 12 acres.; Prime location in a growing Florence/Union corridor with strong residential and commercial development.; High visibility and accessibility with multiple signalized intersections from US-42.
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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
    12 Acres Contiguous Florence, KY 41042
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