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Property profile & analytics
FOR LEASE
Outlet malls

625 Chestnut Dr Walton, KY 41094

24,000 SF 3.54 ac lot Built 2008
Entity Owned 11-yr Hold ~ Est. High Equity
Property ID
US34-0535860
Property summary
AI-generated overview

This exceptional 1.81-acre commercial land parcel presents a unique investment opportunity in the thriving Walton, Kentucky market. Located at 625 Chestnut Dr, Walton, KY 41094, this single-tenant property boasts a highly desirable location within the Cincinnati-Northern Kentucky metropolitan area. Its strategic position offers unparalleled accessibility, situated directly east of a full interchange with Interstate 75 and conveniently close to the I-75 and I-71 intersection. The property is classified as Commercial, Retail, Office, Restaurant, and Medical land, providing significant flexibility for a wide range of development possibilities. The site is ideal for businesses seeking high visibility and convenient access to major transportation arteries. This is a ground lease opportunity with an annual lease rate of $45,000. The property's address is 625 Chestnut Dr, with a cross street of Mary Grubbs Hwy. This prime location within the Northern KY submarket, specifically the Cincinnati cluster, ensures strong potential for growth and return on investment. The property is situated approximately 18 miles south of Cincinnati, Ohio, benefiting from the robust economic activity of this major metropolitan area. This is a rare opportunity to acquire a significant land parcel in a high-demand location. Don't miss out on this chance to secure a foothold in a rapidly growing market.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 2008
Construction TYPE NOT SPECIFIED
Total area 24,000 SF
Lot 3.54 ac (154,028 SF)
APN 078.00-16-015.02
UPID US34-0535860
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
AI Approach AI
by Request
CAP Approach CAP
$4.46M
Comparable Approach Comparable
$2.50M
Blend (final) Blend
$3.28M
Owner & transaction history
Dahlem Walton LLC · 11 yrs held
Dahlem Walton LLC
since 2014
1 recorded transaction
2014
$6.2M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $4.1M +35.3%
Office building $3.2M +3.9%
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More about this property
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