Florence, Kentucky Retail Opportunity

Florence, KY
Retail Development Site

This 2.3± acre Florence KY retail development site offers strong traffic exposure, established consumer demand and convenient access to I-71/75 within Northern Kentucky's active Mt. Zion commercial corridor.

Sherwood Lakes Drive · Boone County, Kentucky
Florence KY retail development site on Sherwood Lakes Drive
2.3± ACRES AVAILABLE
Site Size
2.3± Acres
Traffic
30,000+ VPD
Zoning
C-3 Commercial
Regional Access
I-71 / I-75
The Opportunity

Positioned for
Consumer Demand.

Sherwood Lakes Drive is a 2.3± acre commercial development opportunity positioned within Florence's established Mt. Zion retail corridor. For retailers, restaurants and service users evaluating a Florence KY retail development site, the property brings together visibility, access, demographics and surrounding commercial activity within one established trade area.

The site benefits from more than 30,000 vehicles per day along Mt. Zion Road, convenient connectivity to Interstate 71/75 and proximity to signalized intersections serving the surrounding retail network. Nearby uses include grocery, quick-service restaurants, automotive, banking, service retail and established residential neighborhoods.

Continued residential development throughout the Mt. Zion Road and U.S. 42 corridors is expanding the area's household base while reinforcing demand for daily-needs retail, restaurants, services and other consumer-oriented uses.

This opportunity does not depend on creating a new destination. It is positioned within an existing commercial corridor already supported by traffic, rooftops, national retail and regional interstate connectivity.
Florence KY retail development site and surrounding Mt Zion retail corridor
Retail Positioning

In the Middle of Florence's Established Growth Corridor.

Why Sherwood Lakes

Retail Fundamentals
Already in Place.

The Florence KY retail development site benefits from the combination of daily traffic, established commercial activity, regional accessibility and continued residential growth throughout the surrounding Boone County trade area.

01

30,000+ VPD

Strong daily traffic exposure along the Mt. Zion Road commercial corridor.

02

Daily-Needs Retail

Grocery, QSR, automotive, banking, service and neighborhood retail are already established nearby.

03

Regional Access

Convenient connectivity to I-71/75 provides access throughout Northern Kentucky and the Cincinnati metropolitan area.

04

Growing Rooftops

Continued residential development adds households and supports long-term consumer demand.

National Retail in the Immediate Trade Area
Kroger McDonald's Taco Bell Valvoline Gold Star Steak 'n Shake
Market Intelligence

Strong Demographics.
Sustained Growth.

Sherwood Lakes is supported by a substantial Northern Kentucky consumer base. The five-mile trade area includes more than 136,000 residents, average household income above $110,000 and more than 53,000 homes—providing a meaningful foundation for retail and service-oriented demand.

2025

Population

1 Mile 6,489
3 Mile 57,189
5 Mile 136,229
2025

Average HHI

1 Mile $79,578
3 Mile $103,234
5 Mile $110,912
2025

Homes

1 Mile 2,451
3 Mile 22,660
5 Mile 53,756
Florence / Boone County

Built Around Access,
Growth & Consumer Activity.

Florence serves as one of Northern Kentucky's primary retail and employment centers. The Sherwood Lakes property sits within that broader commercial environment while benefiting from the continued expansion occurring around Mt. Zion Road and nearby residential communities.

01 — INFRASTRUCTURE

Improved Regional Connectivity

Improvements around I-71/75 and KY-536 support traffic movement and connectivity throughout the Mt. Zion corridor and the broader Northern Kentucky market.

02 — ACCESS

Convenient Site Access

Sherwood Lakes Drive and nearby signalized intersections provide convenient access to the surrounding commercial network and established customer traffic.

03 — GROWTH

Expanding Trade Area

Continued residential growth along Mt. Zion Road and U.S. 42 adds households while supporting long-term demand for retail, restaurant and service uses.

Mt Zion Road near Florence KY retail development site
Property Details

Site Snapshot

The property offers a straightforward commercial development opportunity for users evaluating expansion within Florence and Northern Kentucky. C-3 commercial zoning, strong area demographics and proximity to the region's primary interstate corridor support a range of potential consumer-oriented uses, subject to applicable approvals and due diligence.

Site Size 2.3± Acres
Location Sherwood Lakes Drive · Florence, Kentucky
County Boone County
Zoning C-3 Commercial
Traffic 30,000+ VPD on Mt. Zion Road
Regional Access Convenient access to I-71/75
5-Mile Population 136,229
5-Mile Avg. HHI $110,912
Northern Kentucky Site Selection

Have a Requirement in Northern Kentucky?

Whether this Florence KY retail development site fits your requirement or not, CrossPoint can help identify, compare and evaluate commercial real estate opportunities throughout Florence, Boone County and the broader Northern Kentucky market. Our commercial real estate services combine market intelligence, site selection and transaction execution to help users make informed location decisions.

Start the Conversation

Let's Discuss
the Site.

Interested in Sherwood Lakes Drive, evaluating Florence, Kentucky for a new location, or comparing alternative retail sites throughout Northern Kentucky? Connect with CrossPoint to discuss your requirement.

Patrick Reynolds, CCIM
CrossPoint Commercial Real Estate Services
859.484.7080 ext. 1  ·  PR@CRSPT.com

© 2026 CrossPoint, LLC. The information contained herein has been obtained from sources deemed reliable; however, CrossPoint has not verified it and makes no guarantees, warranties or representations as to its accuracy or completeness. Prospective purchasers, tenants and other parties should conduct their own independent investigations and due diligence.