Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    476 Davis Ln Walton, KY 41094

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    476 Davis Ln Walton, KY 41094

    View on Map
    • Land
    • 5.33 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 476 Davis Ln

    Lot size
    5.33 lot acres
    Property type
    Land

    Description

    This exceptional 5.33-acre commercial land parcel in Walton, Kentucky, presents a prime development opportunity. Located in Boone County, with APN 076.00-00-001.03, this property boasts unparalleled visibility from Interstates 71 and 75, experiencing traffic exceeding 100,000 vehicles daily. Its strategic location offers easy access to major transportation arteries, placing it just 18 miles from Downtown Cincinnati. The C-3/CD zoning permits a variety of uses, including high-end restaurants, retail establishments, and medical offices, making it ideal for a diverse range of businesses. The site's potential is further enhanced by its position within a thriving retail hub, adjacent to the Provision Living Campus at Crown Ridge and across from the Triple Crown Country Club. A future Publix Supermarket is also nearby. Development plans could include two buildings exceeding 10,000 square feet each, along with three additional outlots, offering flexibility and maximizing investment potential. Public road access is available from Davis Lane and Richwood Road. The asking price for this exceptional property is $3,464,500, translating to $650,000 per acre. This represents a significant opportunity for investors seeking high-return commercial development in a rapidly growing area. The property is owned by an LLC. A ground lease option may be available.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Walton
    County
    Boone
    State
    Kentucky
    Longitude
    -84.5851
    Latitude
    38.8833

    Comparable in this City

    • Value Estimation by Request
      3.13 Acres

      12893 Frogtown Connector Rd

      Land • 3.13 Acres
      12893 Frogtown Connector Rd, Walton, KY 41094
      View Details
    • Value Estimation by Request
      6.10 Acres

      12025 Chandler Dr

      Land • 6.10 Acres
      12025 Chandler Dr, Walton, KY 41094
      View Details
    • Value Estimation by Request

      Grand National Blvd

      Land
      0 Grand National Blvd, Walton, KY 41094
      View Details
    • Value Estimation by Request
      20.79 Acres

      25 Mary Grubbs Hwy And Us State Rte

      Land • 20.79 Acres
      25 Mary Grubbs Hwy And Us State Rte, Walton, KY 41094
      View Details
    • Value Estimation by Request
      2.00 Acres

      650 Mary Grubbs Hwy

      Land • 2.00 Acres
      650 Mary Grubbs Hwy, Walton, KY 41094
      View Details
    • Value Estimation by Request
      420.00 Acres

      13700 Dixie Hwy

      Land • 420.00 Acres
      13700 Dixie Hwy, Walton, KY 41094
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Richwood, KY Land For Sale

      7.31 acres of land available in Richwood, Kentucky.
      12887 Frogtown Connector Rd, Walton, KY 41094
      View Details
    • $6,700,000
      167.00 Acres

      Prime Walton KY Industrial Land

      167 Acres, Rail Access, I-71/75 Proximity
      13700 Dixie Hwy, Walton, KY 41094
      View Details
    • Contact for pricing

      Land Build to Suit

      Land available for build to suit opportunity.
      Hoop Dr, Walton, KY 41094
      View Details
    • Contact for pricing

      Richwood Equestrian Pad Ready Lots

      Three pad-ready commercial lots available near Interstate 75.
      476 Davis Ln, Walton, KY 41094
      View Details
    • $250,000

      Industrial Land in Walton, KY

      Versatile industrial land suitable for mixed-use development.
      105 High St, Walton, KY 41094
      View Details
    • Contact for pricing

      Prime Industrial Land for Development

      Large acreage suitable for industrial park or single user.
      13700 Dixie Hwy, Walton, KY 41094
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Land Lease Opportunity

      Land available for lease, build to suit.
      Hoop Dr, Walton, KY 41094
      View Details
    • Contact for pricing

      Land For Lease

      Land available for lease in Walton, Kentucky.
      12300 Towne Center Dr, Walton, KY 41094
      View Details
    • Contact for pricing

      Commercial Land Near Interstate 75

      Commercial land available for ground lease near I-75.
      625 Chestnut Dr, Walton, KY 41094
      View Details
    • Contact for pricing

      3.126 AC Commercial Land Available

      Commercial land for rent near future Drake's restaurant site.
      12893 Frogtown Connector Rd, Walton, KY 41094
      View Details
    • Contact for pricing
      523,884 SF

      Available Industrial Space in Richwood

      523,884 SF industrial space for lease near Cincinnati Airport.
      505 Innovation Way, Richwood, KY 41094
      View Details
    • Contact for pricing

      New Retail Space Available

      Modern retail spaces in high-traffic area, build to suit.
      460 Davis Ln, Walton, KY 41094
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    476 Davis Ln
    Walton, KY 41094
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!