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    7541 Alexandria Pike Alexandria, KY 41001
    Property profile & analytics

    7541 Alexandria Pike, Alexandria, KY 41001

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    • Commercial real estate
    • 1,208 SF
    • 54.90 lot acres
    Off-Market
    Last Sale Oct 8, 2024
    Property ID
    US34-0222086
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 7541 Alexandria Pike

    Year built
    1898
    Lot size
    54.90 lot acres
    Property type
    Commercial real estate
    APN
    999-99-25-994.00
    APU
    999992599400

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 8, 2024 — Alexandria Flats Propco LLC Alexandria Flats LLC Special Warranty Deed $41.5M · Jll Real Estate Capital LLC
    Dec 8, 2020 — Alexandria Flats LLC Mrk II LLC Warranty Deed $34M · Old National Bank
    Oct 14, 2020 $1,700,000 Mrk II LLC Robert J Strickmeyer Grant Deed —
    Oct 15, 2013 $820,000 Robert J Strickmeyer United Church Homes INC Grant Deed $820k · Farm Credit Svcs Mid-america
    — — United Church Homes INC — Deed Of Trust · related $899k · First National Bank Sycamore

    Description

    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.


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    Location Insight

    • Map
    • Local Demand
    City
    Alexandria
    County
    Campbell
    State
    Kentucky
    Longitude
    -84.3984
    Latitude
    38.9777
    CBSA code
    17140
    CBSA name
    CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $158,545
    $1,700,000
    $11,736,000
    $13,436,000
    -
    $1,700,000
    $11,736,000
    $13,436,000
    More about this property
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