End-Unit Medical Office
30-6900 Houston Rd Florence, KY 41042
For Sale
$127,500
Second-floor end unit with abundant natural light, open layout, private office, and ADA restroom for medical or professional use.
Property Size950 SF
Price / SF$134.21
Days on Market98
Property Features for 30-6900 Houston Rd
General Information
Standard status
Active
Size
950 SF
Listing Agency:
eXp Realty, LLC
(859) 780-5511
Listed By:
Caldwell Group
(859) 780-5511
Source:
Exprealty
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 29 at 8:15PM
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 eXp Realty, LLC
Investment Insights
Based on property information with market context.
Professional office condominium now available for sale or lease, offering approximately 1,000 SF across the second floor. The suite is an end unit with lots of natural light and a configuration that includes a large open space, one private office, and a reception area. The open area was opened up and can be reconfigured back into multiple offices, supporting a range of professional layouts. Additional improvements include a kitchenette and one private ADA-compliant restroom.
The property is located at 30-6900 Houston Rd in Florence, KY, with convenient access for both employees and clients. The surrounding area includes major retail and service amenities such as Walmart, Meijer, Kohl’s, dining and banking, as well as St. Elizabeth Medical Center.
This space is a practical fit for medical, professional, or service-oriented users looking for a well-designed office suite with an end-unit position, flexible interior layout, and dedicated restroom accommodations. The combination of reception space, a private office, and an open work area can support client-facing operations that benefit from daylit interiors and easy office reconfiguration.
The property is located at 30-6900 Houston Rd in Florence, KY, with convenient access for both employees and clients. The surrounding area includes major retail and service amenities such as Walmart, Meijer, Kohl’s, dining and banking, as well as St. Elizabeth Medical Center.
This space is a practical fit for medical, professional, or service-oriented users looking for a well-designed office suite with an end-unit position, flexible interior layout, and dedicated restroom accommodations. The combination of reception space, a private office, and an open work area can support client-facing operations that benefit from daylit interiors and easy office reconfiguration.
Key Highlights
- Approximately 1,000 SF professional office condo for sale or lease
- Second‑floor end unit with lots of natural light
- Opened‑up layout with large open space plus one private office and reception area
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 | $20.9k | $21.96 |
| − Vacancy | −$1.6k | −$1.65 |
| EGI | $19.3k | $20.31 |
| − OpEx | −$7.7k | −$8.13 |
| NOI | $11.6k | $12.19 |
950 SF · lease $21.96/SF/yr · vacancy 7.50% · expense 40.00%
Alternative Uses
Best Use
Office B
$171.5K
$150.1K – $200.1K
NOI $12,004 @ 7.0% cap · market cap 9.41%
Second Best
Healthcare Medical
$165.4K
$144.7K – $193.0K
NOI $11,578 @ 7.0% cap · market cap 9.08%
Theoretical Best
Office A
$261.9K
$229.1K – $305.5K
NOI $18,331 @ 7.0% cap · market cap 14.38%
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 - Second-floor end unit with abundant natural light, open layout, private office, and ADA restroom for medical or professional use.
Where is this office units located?
The property is located at 30-6900 Houston Rd Florence, KY.
What is the asking price?
The asking price for this property is $127,500.
What are key features of this property?
This property features: Approximately 1,000 SF professional office condo for sale or lease; Second‑floor end unit with lots of natural light; Opened‑up layout with large open space plus one private office and reception area
