Crestview Hills Office
559 Centre View Boulevard Crestview Hills, KY 41017
559 Centre View Boulevard, Crestview Hills, KY, 41017
$264,800
For Sale
$264,800
COMMERCIAL - Crestview Hills, KY
Property Size1,406 SF
Lot Size0.03 Acres
Price / SF$188.34
Days on Market289
Property Features for 559 Centre View Boulevard
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Parking features
- Parking Lot
- Exterior features
- Curbs, Sidewalks
- Standard status
- Active
- APN
- 829-10-00-559.00
- Size
- 1,406 SF
- Lot size
- 0.03 Acres
Utilities
- Utilities
- Water Available
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Floors in Building
- 1
- Building materials
- Brick
- Roof type
- Metal
Listing agency
eXp Realty, LLC
(859) 795-7995
Listed by
Caldwell Group
(859) 780-5511
Added: Oct 8, 2025 Updated: Apr 24 at 2:12PM Checked: Jul 23 at 8:06AM
MLS# 636970
Copyright © 2026 Northern Kentucky MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Available for sale or lease, this ground floor office condo offers a functional layout suitable for medical, wellness, or general office use. The property is located in the Centre View Office Park, minutes from I-275 and the Crestview Hills Town Center. The space provides convenience and ample parking. The layout is flexible, with both private and open space. It includes 2 ADA restrooms and washer/dryer hook-ups. The property is located in Crestview Hills, Kenton County, Kentucky and has a size of 1406 square feet and a lot size of 0.03 acres.
Key Highlights
- Ideal for medical, wellness, or general office use.
- Convenient location minutes from I‑275 and Crestview Hills Town Center.
- Flexible layout with private and open space.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $28.2k | $20.04 |
| − Vacancy | −$3.7k | −$2.65 |
| EGI | $24.5k | $17.39 |
| − OpEx | −$6.1k | −$4.35 |
| NOI | $18.3k | $13.05 |
1,406 SF · lease $20.04/SF/yr · vacancy 13.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$262.0K
$229.3K – $305.7K
NOI $18,343 @ 7.0% cap · market cap 6.93%
Second Best
Healthcare Medical
$70.8K
$62.0K – $82.7K
NOI $4,959 @ 7.0% cap · market cap 1.87%
Theoretical Best
Office A
$363.0K
$317.6K – $423.5K
NOI $25,408 @ 7.0% cap · market cap 9.60%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Medical Office Space
Similar For Sale Nearby
FAQs
What type of property is this?
Medical Office Space - Ground floor office condo suitable for medical or general office use.
Where is this medical office space located?
The property is located at 559 Centre View Boulevard Crestview Hills, KY.
What is the asking price?
The asking price for this property is $264,800.
What are key features of this property?
This property features: Ideal for medical, wellness, or general office use.; Convenient location minutes from I‑275 and Crestview Hills Town Center.; Flexible layout with private and open space.
