0 Weaver Rd Florence, KY 41042
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.