Interstates 71 & 75 Walton, KY 41091
- Land
- 7.31 lot acres
Current Use by Public Records
- Land
Property Details for 0 Interstates 71 & 75
- Lot size
- 7.31 lot acres
- Property type
- Land
Description
This exceptional 7.31-acre commercial land parcel in Boone County, Kentucky, presents a unique investment opportunity. Located at the intersection of Interstates 71 and 75 in Richwood (zip code 41091), this C-4 zoned property boasts over 3,000 feet of public road frontage, ensuring high visibility and accessibility. The asking price is $2,558,500, translating to $350,000 per acre. This prime location benefits from daily traffic exceeding 112,000 vehicles on the interstates, placing your business within a thriving retail hub. The site is ideally suited for a diverse range of developments, including restaurants, medical offices, retail spaces, or other commercial ventures. All utilities are readily available, and the area enjoys low tax rates, creating a favorable environment for business growth. Nearby amenities include the Hampton Inn & Longnecks Richwood, and the property's proximity to major attractions like Downtown Cincinnati (17 miles north), Kentucky Speedway (25 miles west), and the Ark Encounter (11 miles south) further enhances its appeal. Furthermore, the Kentucky Department of Transportation has approved funding for upcoming Interstate ramp improvements, promising increased accessibility and future development potential. The rapidly expanding Triple Crown residential development lies directly west, adding to the area's growth trajectory. This is a rare opportunity to acquire a strategically located commercial land parcel in a high-growth area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Walton
- County
- Boone
- State
- Kentucky
- Longitude
- -84.6309
- Latitude
- 38.9247
