0 Oakbrook Dr, Florence, KY 41042
This exceptional 3.24-acre property, located on Oakbrook Drive in Florence, Kentucky, presents a unique investment opportunity. Zoned for both office and single-family residential use, this versatile land parcel offers significant potential for development. The asking price is $199,000, translating to approximately $61,419.75 per acre. Situated in Boone County, with a convenient 41042 zip code, the property boasts an impressive 425 feet of road frontage, providing excellent visibility and accessibility. The presence of a utility easement ensures straightforward connection to essential services. This location in Florence, KY offers a blend of suburban tranquility and proximity to urban amenities. The existing office building provides immediate income potential or a base for future expansion. The flexibility of the zoning allows for a variety of development options, catering to diverse business needs or residential projects. This is an ideal opportunity for developers, investors, or businesses seeking a strategic location with substantial land area and development potential in a thriving Kentucky community. The property's size and zoning make it suitable for a range of projects, from a single executive office building to a larger mixed-use development. Serious inquiries are encouraged to explore the full potential of this remarkable property.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.