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Property profile & analytics
OFF-MARKET
Commercial real estate

7541 Alexandria Pike Alexandria, KY 41001

1,208 SF 54.9 ac lot Built 1898
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US34-0222086
Property summary
AI-generated overview

This exceptional 7.7-acre commercial lot presents a unique investment opportunity in booming southern Campbell County, Kentucky. Located at 7541 Alexandria Pike in Alexandria (zip code 41001), this property boasts over 30,000 vehicles passing daily, ensuring high visibility and accessibility for any business. The lot is situated directly in front of a newly constructed 327-unit apartment complex, guaranteeing a built-in customer base. This prime location offers a significant advantage for businesses seeking high foot traffic and a dense residential population. The asking price for this 10,000 square foot parcel is $595,000, translating to an attractive price per acre of $77,273. A build-to-suit option is available, allowing for the construction of a custom multi-tenant strip center tailored to specific business needs. This property is ideal for developers and investors seeking a high-return investment in a rapidly growing area. The property's classification includes multifamily and commercial designations, reflecting its versatility and potential for diverse commercial uses. Don't miss this chance to secure a prominent location in a thriving Kentucky market.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1898
Total area 1,208 SF
Lot 54.9 ac (2,391,400 SF)
APN 999-99-25-994.00
UPID US34-0222086
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
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Alexandria Flats Propco LLC · 1 yrs held
Alexandria Flats Propco LLC
since 2024
5 recorded transactions
2024
Price N/A
2020
Price N/A
2020
$1.7M
2013
$820,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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