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    625 Chestnut Dr Walton, KY 41094

    Sponsored
    For Lease
    $25,000

    1.8-Acre Commercial Land, Prime Location

    Lot size:
    78,408 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.81-acre commercial land parcel presents a unique investment opportunity in the thriving Walton, Kentucky market. Located at 625 Chestnut Dr, Walton, KY 41094, this single-tenant property boasts a highly desirable location within the Cincinnati-Northern Kentucky metropolitan area. Its strategic position offers unparalleled accessibility, situated directly east of a full interchange with Interstate 75 and conveniently close to the I-75 and I-71 intersection. The property is classified as Commercial, Retail, Office, Restaurant, and Medical land, providing significant flexibility for a wide range of development possibilities. The site is ideal for businesses seeking high visibility and convenient access to major transportation arteries. This is a ground lease opportunity with an annual lease rate of $45,000. The property's address is 625 Chestnut Dr, with a cross street of Mary Grubbs Hwy. This prime location within the Northern KY submarket, specifically the Cincinnati cluster, ensures strong potential for growth and return on investment. The property is situated approximately 18 miles south of Cincinnati, Ohio, benefiting from the robust economic activity of this major metropolitan area. This is a rare opportunity to acquire a significant land parcel in a high-demand location. Don't miss out on this chance to secure a foothold in a rapidly growing market.

    Property Features for 625 Chestnut Dr

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    78,408 SF
    Total Rate
    25000

    Unit(s) available at that property

    Space
    Outparcel
    Size
    78,408 SF
    Rate per SF
    $25,000
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Walton
    County
    Boone
    State
    Kentucky
    Longitude
    -84.6156331
    Latitude
    38.8562346

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    FAQs

    What type of property is this?
    Restaurant - 1.8-Acre Commercial Land, Prime Location
    Where is this restaurant located?
    The property is located at 625 Chestnut Dr Walton, KY.
    What is the lease rate?
    The lease rate is $25,000.
    Request Owner's contact information
    625 Chestnut Dr Walton, KY 41094
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    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
    625 Chestnut Dr Walton, KY 41094
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