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Investment Highlights

  • ±5 acres positioned for future redevelopment
  • Strong surrounding residential density
  • Suitable for a variety of redevelopment concepts
  • Nearby retail, restaurants, business services, and industrial employment centers

Executive Summary

NKY LAND REDEVELOPMENT OPPORTUNITY - CALL FOR OFFERS DUE JUNE 30, 2026
Strategically positioned ±5 acre development site in a growing Northern Kentucky market surrounded by established residential density and expanding commercial activity. The property is currently zoned residential and improved in 1950s with house; however, the site presents a compelling opportunity for developers seeking multiple residential lots, townhome, multi-family, or higher-density residential redevelopment potential, subject to zoning and municipal approvals.
Located within an area experiencing continued residential and commercial growth, the property is surrounded by single-family neighborhoods, apartment communities, and multi-family developments while also benefiting from close proximity to restaurants, retail centers, industrial employers, healthcare, and everyday consumer services.
Ownership is offering the property without an asking price and is requesting qualified parties submit offers by June 30, 2026.
Contact broker for additional property information, due diligence materials, or to schedule a site tour.

Property Facts

Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
  • Single Family Development
Total Lot Size 5.16 AC
Zoning Residential

1 Lot Available

Lot

Lot Size 5.16 AC

Description

Development Highlights: ·±5 acres positioned for future redevelopment ·Zoned Residential – existing 1950 house onsite ·Suitable for a variety of redevelopment concepts ·Strong surrounding residential density ·Nearby retail, restaurants, business services, and industrial employment centers ·Established infrastructure and surrounding development activity ·Excellent opportunity for infill or transitional development ·Regional accessibility to major Northern Kentucky and Greater Cincinnati corridors

Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
  • Listing ID: 40756541

  • Date on Market: 2026-06-02

  • Last Updated:

  • Address: 8693 Evergreen Dr, Florence, KY 41042

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