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Property profile & analytics
OFF-MARKET
Land

0 Weaver Rd Florence, KY 41042

9.72 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 9.716-acre parcel, zoned Urban Residential Two (UR-2), presents a remarkable multifamily development opportunity in the thriving city of Florence, Kentucky. Located on Weaver Road, this property boasts convenient access to the bustling Mall Road corridor, placing future residents within easy reach of a wide array of retail establishments, restaurants, and businesses. The site offers 5.934 acres of buildable land, providing ample space for a substantial project. While 3.78 acres are landlocked, their inclusion could significantly enhance project density and overall value. The asking price for this strategically positioned land is $695,000. This represents a compelling investment in a high-growth area with strong potential for significant returns. The property's address is Weaver Rd, Florence, KY 41042, situated in Boone County. Its precise coordinates are latitude 38.9668948 and longitude -84.6389564. This is a rare chance to acquire a substantial tract of land ideally suited for a multifamily development in a highly desirable Kentucky location. Don't miss this chance to capitalize on the burgeoning Florence real estate market.

Property profile
Verified
Property type Land
Lot 9.72 ac (423,229 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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