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    FOR SALE
    Medical Office Space

    7640 Burlington Pike, Florence, KY 41042

    1.62 ac lot
    Entity Owned 7-yr Hold Free & Clear
    Property ID
    US34-0606470
    7640 Burlington Pike, Florence, KY 41042 For Sale
    $1,100,000
    7640 Burlington Pike, Florence, KY 41042
    View Listing →
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Lot 1.62 ac (70,437 SF)
    APN 061.01-22-002.00
    UPID US34-0606470
    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
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Znm Properties LLC · 7 yrs held
    Znm Properties LLC
    since 2019
    2 recorded transactions
    2019
    $150,000
    2019
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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