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Property profile & analytics
OFF-MARKET
Land

12 Acres Contiguous Florence, KY 41042

1 ac lot
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Land
Lot 1 ac (43,560 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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