7640 Burlington Pike, Florence, KY 41042
For Sale
This exceptional 1.68-acre commercial land parcel presents a remarkable development opportunity in Florence, Kentucky. Strategically located on Burlington Pike, this property boasts a prime corner lot with excellent visibility and accessibility. The site benefits from high traffic volume, averaging 20,132 vehicles daily, ensuring significant exposure for any future development. Zoned C-3/PD/PO, the property offers considerable flexibility for a wide range of commercial uses. The location is highly convenient, situated just 0.25 miles from the I-75 exit ramp, providing easy access to major transportation arteries. The lot features substantial frontage, with 275 feet along Burlington Pike and 375 feet along Cardinal Drive. To facilitate immediate development, the property will undergo comprehensive site preparation, including grading, compaction, and leveling, ensuring a smooth and efficient construction process. This turnkey opportunity is ideal for developers seeking a high-traffic, well-located site in a thriving Kentucky market. The asking price is $1,100,000. Don't miss this chance to acquire a premier commercial land parcel in Boone County.
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
Similar Nearby for Lease
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.