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    7211 Us 42 Florence, KY 41042

    For Sale
    $720,000

    Prime location, high traffic, immediate income.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional investment opportunity presents a 6,600 square foot office building situated on a 0.45-acre lot at 7211 US 42 Unit 7211, Florence, KY. The property boasts high visibility and significant traffic flow, ensuring strong potential for a variety of commercial uses. Recent updates to all mechanical systems provide peace of mind and minimize immediate maintenance concerns. Ample on-site parking is a key feature, catering to both employees and clients. The current tenant is keen to remain, offering immediate and consistent rental income for the new owner. This translates to a secure investment with a proven track record. The building's prime location in the thriving Florence, KY market makes it an attractive proposition for investors seeking a solid return on investment or business owners looking for a well-maintained and strategically positioned space. The asking price is $720,000. This property represents a rare opportunity to acquire a turnkey commercial asset with immediate income generation and significant long-term potential in a desirable location. Serious inquiries are encouraged.

    Property Features for 7211 Us 42

    General Information

    Property type
    Office Properties & Spaces
    Lot Size
    19,602 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Map

    City
    Florence
    County
    Boone
    State
    Kentucky
    Longitude
    -84.62772
    Latitude
    38.99785

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    FAQs

    What type of property is this?
    Office Property / Space - Prime location, high traffic, immediate income.
    Where is this office property / space located?
    The property is located at 7211 Us 42 Florence, KY.
    What is the asking price?
    The asking price for this property is $720,000.
    (859) 372-6000
    Request Owner's contact information
    7211 Us 42 Florence, KY 41042
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    Florence, KY 41042
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7211 Us 42 Florence, KY 41042
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