2400 Sarah Ln, Crescent Springs, KY 41017
Land available for sale or ground lease in Crescent Springs.
- Added:
- Mar 3, 2024
- Days on Market:
- 856
- Last Refresh:
- Jul 5 at 4:20 am
Property Features for 2400 Sarah Ln
General Information
- Standard status
- Active
- Size
- 5,198 SF
- Lot size
- 0.12 Acres
- Property subtype
- Land, Retail
Listing office David L. Schank, REALTOR (502) 429-0059
Listing date Mar 3, 2024
Source Crexi
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 David L. Schank, REALTOR
HighLights
- Prime location: Just 10 minutes south of downtown Cincinnati.
- New development with established tenants: Including Autozone, Sherwin Williams, AT&T, and Taco Bell.
- Outparcel available for sale: Accommodates a 6,000 SF building.
- Flexible options: Ground lease or build‑to‑suit opportunities.
- Inline space available: Up to 1,160 SF next to Sherwin Williams.
- Strong tenant mix: Attracts consistent customer traffic.
Overview
Local Financial Insights For Retail
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 | $85.5k | $16.44 |
| − Vacancy | −$5.0k | −$0.95 |
| EGI | $80.5k | $15.49 |
| − OpEx | −$24.1k | −$4.65 |
| NOI | $56.3k | $10.84 |
Alternative Uses
Current Use by Public Records
Map
- City
- Crescent Springs
- County
- Kenton
- State
- Kentucky
- Longitude
- -84.5635
- Latitude
- 39.0279
