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    42 & Rio Grande Cir Florence, KY

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    For Lease
    Contact for pricing

    New development with multiple drive-thrus, available for lease.

    Property size:
    4,000 SF
    Lot size:
    10.46 Acres

    Property Features for 42 & Rio Grande Cir

    General Information

    Size
    4,000 SF
    Lot size
    10.46 Acres

    Source: OnSite Retail Group Agent Jeffrey J. Smith

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Development with Drive-Thru Potential

    A new development is planned for completion in 2021. Multiple parcels are available, and two new multi-tenant buildings are pre-leasing space. The buildings offer multiple drive-thru opportunities. The property is highly visible and easily accessible, with multiple points of signalized access from US-42. Pads are delivered with infrastructure constructed and master detention.
    Location Intelligence

    Current Use by Public Records

    Drive through restaurants

    Similar Places Nearby

    Coinstar Kiosk | Bitcoin ATM

    Map

    City
    Florence
    County
    Boone
    State
    Kentucky
    Longitude
    -84.63
    Latitude
    39

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    FAQs

    What type of property is this?
    Shopping center - New development with multiple drive-thrus, available for lease.
    Where is this shopping center located?
    The property is located at 42 & Rio Grande Cir Florence, KY.
    What are key features of this property?
    This property features: - Very visible and easily accessible location with multiple points of signalized access from US-42.; - New development scheduled for 2021.; - Multiple parcels available.
    (513) 924-5262
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    42 & Rio Grande Cir Florence, KY
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    Florence, KY
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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
    42 & Rio Grande Cir Florence, KY
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