7541 Alexandria Pike Alexandria, KY 41001
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.