0 Grand National Blvd Walton, KY 41094
This exceptional 1-acre commercial lot in Walton, Kentucky, presents a unique investment opportunity. Located at the corner of Grand National Boulevard and Davis Lane, in Boone County (zip code 41094), this property is currently zoned PF (Public Facility), permitting daycare use. However, a development plan could facilitate a zone change to C-3 Commercial, ideal for a multi-tenant retail strip center. The asking price of $400,000 reflects the significant pre-development work already completed. This includes addressing a drainage pond, extensive site preparation (mucking and stabilizing the soil), and making the land ready for construction. Detailed cost estimates for pad-ready site preparation are available. The property offers potential access points from both Grand National Boulevard and Davis Lane, providing flexibility for development. This prime location and the potential for significant commercial development make this a compelling investment prospect. The property's coordinates are 38.91216419617631 latitude and -84.63440643764709 longitude.
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.