Turnkey Dental Office
234 Thomas More Parkway Crestview Hills, KY 41017
New
234 Thomas More Parkway, Crestview Hills, KY, 41017
$250,000
For Sale
$250,000
Single-level dental office includes multiple treatment rooms, waiting area, lab with washer/dryer connections, and private office.
Property Size2,400 SF
Price / SF$104.17
Days on Market2
Property Features for 234 Thomas More Parkway
General Information
- Standard status
- Active
- Size
- 2,400 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1985
Listing agency
Huff Realty - Florence
(859) 525-7900
Listed by
Kerry Schrand-Rawe · License #294656
(859) 525-7900
Source
Bushrealty
Added: Jul 21 Updated: Jul 22 at 9:56AM Checked: Jul 22 at 9:56AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Huff Realty - Florence
Investment Insights
Based on property information with market context.
Turnkey dental office offering approximately 2,400 square feet of single-level space. The interior layout includes multiple oversized treatment rooms with natural light, a welcoming waiting area, a laboratory with washer/dryer connections, a private office, and a break room. The space also provides two forms of egress.
The property is situated on Thomas More Parkway with road-front signage, and it offers convenient on-site parking. The remarks also note proximity to major expressways and easy access to public transit.
This is presented as a ready-to-operate dental suite, with the included room configuration supporting a full clinical workflow, including treatment, patient reception, and on-site lab functions.
The property is situated on Thomas More Parkway with road-front signage, and it offers convenient on-site parking. The remarks also note proximity to major expressways and easy access to public transit.
This is presented as a ready-to-operate dental suite, with the included room configuration supporting a full clinical workflow, including treatment, patient reception, and on-site lab functions.
Key Highlights
- Single‑level dental office built in 1985 with approximately 2,400 SF of space
- Multiple oversized treatment rooms with natural light, plus a waiting area
- On‑site lab area with washer/dryer connections
Local Financial Insights For Healthcare Medical
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 | $15.0k | $6.24 |
| − Vacancy | −$869 | −$0.36 |
| EGI | $14.1k | $5.88 |
| − OpEx | −$5.6k | −$2.35 |
| NOI | $8.5k | $3.53 |
2,400 SF · lease $6.24/SF/yr · vacancy 5.80% · expense 40.00%
Alternative Uses
Best Use
Office B
$447.3K
$391.4K – $521.8K
NOI $31,310 @ 7.0% cap · market cap 12.52%
Second Best
Healthcare Medical
$120.9K
$105.8K – $141.1K
NOI $8,464 @ 7.0% cap · market cap 3.39%
Theoretical Best
Office A
$619.6K
$542.1K – $722.8K
NOI $43,370 @ 7.0% cap · market cap 17.35%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Medical Office Space
Similar For Sale Nearby
FAQs
What type of property is this?
Medical Office Space - Single-level dental office includes multiple treatment rooms, waiting area, lab with washer/dryer connections, and private office.
Where is this medical office space located?
The property is located at 234 Thomas More Parkway Crestview Hills, KY.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Single‑level dental office built in 1985 with approximately 2,400 SF of space; Multiple oversized treatment rooms with natural light, plus a waiting area; On‑site lab area with washer/dryer connections
