End-Unit Medical Office
6900 Houston Road Florence, KY 41042
For Sale
$131,500
COMMERCIAL - Florence, KY
Property Size950 SF
Lot Size0.01 Acres
Price / SF$138.42
Days on Market182
Property Features for 6900 Houston Road
General Information
Property type
Commercial Sale
Property subtype
Office
Parking features
Parking Lot
Standard status
Active
APN
061.00-23-600.30
Size
950 SF
Lot size
0.01 Acres
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
2002
Floors in Building
1
Flooring type
Carpet, Tile
Building materials
Brick
Roof type
Metal
Listing Agency:
eXp Realty, LLC
(859) 795-7995
Listed By:
Caldwell Group
(859) 780-5511
Added: Jan 29
Changed: Jul 12
Last Checked: Jul 30 at 1:06AM
MLS# 641900
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.
This professional office condominium offers approximately 1,000 square feet on the second floor. It is an end unit with lots of natural light. The current layout includes a large open space, one private office, and a reception area, with the large space designed so it can be reconfigured back into multiple offices. Additional improvements include a kitchenette and one private ADA-compliant restroom, supporting a range of professional and service uses.
The property is located at 6900 Houston Road in Florence, Kentucky, in Boone County. The location is described as convenient to major retail and service amenities, including Walmart, Meijer, Kohl’s, dining, banking, and St. Elizabeth Medical Center.
For medical, professional, or service-oriented users, the combination of an end-unit setting, flexible open area, and a reception-ready configuration can support both client-facing operations and team-based work. The presence of a private ADA-compliant restroom and kitchenette further supports daily workflow for employees and visiting clients. The space is available for sale or lease.
The property is located at 6900 Houston Road in Florence, Kentucky, in Boone County. The location is described as convenient to major retail and service amenities, including Walmart, Meijer, Kohl’s, dining, banking, and St. Elizabeth Medical Center.
For medical, professional, or service-oriented users, the combination of an end-unit setting, flexible open area, and a reception-ready configuration can support both client-facing operations and team-based work. The presence of a private ADA-compliant restroom and kitchenette further supports daily workflow for employees and visiting clients. The space is available for sale or lease.
Key Highlights
- End unit professional office condominium with approximately 1,000 SF on the 2nd floor
- Large open space plus one private office and reception area; large space can be reconfigured back to multiple offices
- Includes kitchenette and one private ADA‑compliant restroom
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 | $20.5k | $21.60 |
| − Vacancy | −$4.5k | −$4.75 |
| EGI | $16.0k | $16.85 |
| − OpEx | −$4.0k | −$4.21 |
| NOI | $12.0k | $12.64 |
950 SF · lease $21.60/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$171.5K
$150.1K – $200.1K
NOI $12,004 @ 7.0% cap · market cap 9.13%
Second Best
Healthcare Medical
$165.4K
$144.7K – $193.0K
NOI $11,578 @ 7.0% cap · market cap 8.80%
Theoretical Best
Office A
$261.9K
$229.1K – $305.5K
NOI $18,331 @ 7.0% cap · market cap 13.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - End-unit second-floor office with abundant natural light, open layout, private office, ADA restroom, and kitchenette.
Where is this office units located?
The property is located at 6900 Houston Road Florence, KY.
What is the asking price?
The asking price for this property is $131,500.
What are key features of this property?
This property features: End unit professional office condominium with approximately 1,000 SF on the 2nd floor; Large open space plus one private office and reception area; large space can be reconfigured back to multiple offices; Includes kitchenette and one private ADA‑compliant restroom
