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    Retail properties & Spaces

    1100 Bill Wentz Dr, Florence, KY 41042

    1.36 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.36-acre commercial lot in Florence, Kentucky, presents a unique investment opportunity. Located on Bill Wentz Drive, this property boasts high visibility from US 42, ensuring significant exposure for any business. The site is zoned C2/PD/CD and already has approval for an express tunnel car wash, significantly reducing development hurdles. An approved concept development plan is in place, streamlining the construction process. Importantly, shared detention is situated on the adjacent parcel (not included in this sale), and the design work for common elements is complete. The purchase price includes a well-funded escrow account dedicated to the construction of these common elements. This turnkey opportunity allows for immediate development, eliminating much of the pre-construction legwork. The property's location in the thriving retail area of Florence, Kentucky, guarantees a strong customer base. The APN is 062.00-42-005.00. This is a rare chance to acquire a fully permitted and partially funded car wash site in a prime location. Don't miss this chance to capitalize on a ready-to-build commercial property. The property is located in Boone County, Kentucky, with a zip code of 41042.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Lot 1.36 ac (59,242 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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