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7601 Alexandria Pike

2.74 Acres of Commercial Land Offered at £1,189,023 in Alexandria, KY 41001

Investment Highlights

  • Sought-after location on the main thoroughfare connecting Alexandria to Cincinnati, offering exceptional visibility to over 40,000 daily drivers.
  • Ideally located in a rapidly growing suburban community, just 15 minutes from Downtown Cincinnati and 20 minutes from the airport.
  • Perfectly positioned to take advantage of increased demand for conveniences as residential growth continues down Alexandria Pike/Highway 27.

Executive Summary

7601 Alexandria Pike is a 2.74-acre commercial development site in the flourishing Cincinnati suburb of Alexandria, Kentucky. Located on the town's retail corridor, 7601 Alexandria Pike is zoned Highway Commercial and ideal for retailers, restaurants, and personal/professional services to serve the growing suburban community. This strategic location along a main Alexandria thoroughfare provides unmatched visibility to 40,655 vehicles each day. The rapidly growing neighborhoods within one mile of the site are experiencing exponential growth. The population has risen 29% over the past 10 years and is expected to continue to grow by 5.5% over the next five years. The acreage behind the site is planned for 15 residential condo buildings providing the site access to an additional, built-in consumer base. 7601 Alexandria Pike is perfectly positioned 12 miles southeast of Downtown Cincinnati and 18 miles southeast of Cincinnati/Northern Kentucky International Airport. 7601 Alexandria Pike is 2.74-acres (can be subdivided) with an asking price of $550,000 per acre or $12.63 per square foot. Off-site stormwater detention provided. Within minutes of Alexandria's newest apartment complex, developed and ready to build.

Property Facts

Price £1,189,023
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Fast Food
  • Medical
  • Restaurant
  • Storefront
  • Storefront, Retail or Office
  • Strip Centre
  • Supermarket
Total Lot Size 2.74 AC

1 Lot Available

Lot

Price £1,189,023
Price Per AC £433,950
Lot Size 2.74 AC

2.74 acres available and able to divide if needed. $550,000 per acre.

Description

Exploding residential area with limited HC sites available! Offsite stormwater detention basin included in purchase.

zoning

Zoning Code HC (Designed to accommodate businesses that cater to motorists and are typically located along major highways or arterial roads.)
HC (Designed to accommodate businesses that cater to motorists and are typically located along major highways or arterial roads.)
  • Listing ID: 22645868

  • Date on Market: 05/04/2021

  • Last Updated:

  • Address: 7601 Alexandria Pike, Alexandria, KY 41001

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