10216 Sherwood Lakes Dr Florence, KY 41042
- Land
- 13.59 lot acres
Current Use by Public Records
- Land
Property Details for 10216 Sherwood Lakes Dr
- Lot size
- 13.59 lot acres
- Property type
- Land
Description
This exceptional 13.59-acre parcel presents a remarkable development opportunity in Florence, Kentucky. Located at 10216 Sherwood Lake Dr NE, Boone County, zip code 41042 (latitude 38.9495172, longitude -84.6294878), this property is uniquely positioned for significant growth. The land is zoned for multifamily use, offering considerable flexibility for various residential projects. Pre-approved plans allow for the construction of up to 200 multifamily units, 120 ranch-style condos, or 36 units of special needs housing. This represents a rare chance to capitalize on the strong demand for housing in this area. The site's adjacency to the Sherwood Lakes Apartment Community provides a built-in advantage, leveraging existing infrastructure and community presence. Furthermore, its excellent access to I-75 ensures convenient connectivity to major transportation routes, enhancing its appeal to potential residents and investors. This is the last remaining parcel available for development in this prime location, making it a truly exclusive investment opportunity. Don't miss this chance to acquire a substantial land holding with pre-approved plans, ready for immediate development.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Florence
- County
- Boone
- State
- Kentucky
- Longitude
- -84.6295
- Latitude
- 38.9495
