7562 Alexandria Pike Alexandria KY 41001

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7562 Alexandria Pike

Alexandria, KY 41001

Suburb: Alexandria

$20,000,000

0bd

0 - 0ba

2,281sqft

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Picturesque property features approximately 63 acres of gently rolling land in a prime location between Highway 27 and Highway AA. The surrounding properties that touch the farm include highway commercial, commercial, and CCRC (continuous care retirement community) making it a prime location for commercial development and endless possibilities. Seller is willing to subdivide or lease portions of the property. The property boasts an impressive 420 feet of frontage that touches the double AA highway, over 400 feet of frontage that touches Highway 27 and over 900 feet of frontage on Enzweiler Road. With its prime location at the corner of Highway 27 and Enzweiler, this property offers unbeatable exposure for any commercial enterprise. Don't miss out on this once-in-a-lifetime opportunity to own a piece of history and a prime piece of land in a sought-after location. Contact us today to schedule a viewing.

Directions

27 to property on left just south of Wal Mart

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Property Details

General Information

Property Type	Commercial Sale
Style	Mixed Use
Suburb	Alexandria
County	Campbell
Zip Code	41001
MLS#	612123

Additional Information

No. of Buildings	6
Property SqFt.	2,281
Semi-Annual Taxes

Property Features

Construction	Metal Siding, Vinyl Siding, Wood Siding
Lot Dimensions	62+/- acres
Total Acres	62.96
Water	Public
Sewer	Public Sewer, Septic Tank

Additional Features

Basement	Full, Partial
Parking	On Site
Cooling	Window Unit(s)

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To determine affordability and approximate loan payments, use the button below to reveal the mortage calculator. Please note that when using the form one of either the 'Down Payment Pct' or 'Amount of Loan' fields, but not both, must be set to zero to complete the calculation.

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You can calculate the mortgage loan amount from the price of the real estate by providing the down payment percentage.

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Or if you know the price of the real estate and the loan amout and enter "0" for the down payment percentage, the calculator will calculate the down payment amount and percentage.

Points, Annual Property Taxes, Annual Insurance and Private Mortgage Ins. (PMI) are all optional. If you enter values, the periodic portion of each will be calculated and shown on the schedule. Property taxes and insurance are combined under escrow.

If a borrower does not have cash to cover at least 20% of the purchase price, some lenders will require the borrower to purchase private mortgage insurance (PMI) to cover against a possible default. Premiums are typically 0.5% to 2.0% of the original loan amount. The borrower can drop the insurance coverage once the mortgage balance is less than 80% of the original purchase price. The calculator handles this automatically. (There may be other conditions as well under which the lender will no longer require PMI. One such case might be apprciation of the real estate.)

Points are charges that are normally due at closing. Borrowers (normally only in USA) may select to pay a lender "points" up front in exchange for a lower interest rate. Points are expressed in percent and are calculated on the amount borrowed. 3 points on a $200,000 mortgage equals $6,000. If the user enters points, this calculator includes their value in the summary and as part of the total payment at loan origination on the payment schedule.

The term (duration) of the loan is expressed as a number of months.

60 months = 5 years
120 months = 10 years
180 months = 15 years
240 months = 20 years
360 months = 30 years

Need more options including the ability to solve for other unknowns, change payment / compounding frequency and the ability to print an amortization schedule? Please visit, https://AccurateCalculators.com/mortgage-calculator

The data relating to the real estate for sale on this web site comes in part from the Broker Reciprocity program of the Northern Kentucky Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than Comey & Shepherd Realtors are marked with the Broker Reciprocity logo or Broker Reciprocity house icon. The properties displayed may not be all the properties available through Broker Reciprocity.

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