Ground Floor Office
559 Centre View Blvd Crestview Hills, KY 41017
559 Centre View Blvd, Crestview Hills, KY, 41017
$264,800
Pending
For Sale
$264,800
Pending
Ground floor office condo with flexible private and open layout, two ADA restrooms, and washer/dryer hookups.
Property Size1,406 SF
Days on Market289
Property Features for 559 Centre View Blvd
General Information
- Standard status
- Pending
- Size
- 1,406 SF
Listing agency
eXp Realty, LLC
(859) 322-1290
Listed by
Caldwell Group
(859) 322-1290
Source
Exprealty
Added: Oct 8, 2025 Updated: Jul 23 at 6:26AM Checked: Jul 23 at 6:26AM
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.
Now available for sale or lease, this well-located ground floor office condo offers a professional, highly functional layout designed for medical, wellness, or general office use. The interior features a flexible arrangement with both private space and open areas, along with two ADA restrooms for accessibility. Washer/dryer hook-ups are also included.
The property is located in the Centre View Office Park and is described as being just minutes from I-275 and the Crestview Hills Town Center, with ample parking provided. The offering includes long-term flexibility tied to the condo office configuration.
Ideal for occupancies that need a mix of private offices and more open workspace, this unit is positioned as a practical option within a multi-office park setting.
The property is located in the Centre View Office Park and is described as being just minutes from I-275 and the Crestview Hills Town Center, with ample parking provided. The offering includes long-term flexibility tied to the condo office configuration.
Ideal for occupancies that need a mix of private offices and more open workspace, this unit is positioned as a practical option within a multi-office park setting.
Key Highlights
- Ground floor office condo with flexible private and open space layout
- Located in Centre View Office Park, just minutes from I‑275
- Includes 2 ADA restrooms
Local Financial Insights For Office B
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 | $28.2k | $20.04 |
| − Vacancy | −$3.7k | −$2.65 |
| EGI | $24.5k | $17.39 |
| − OpEx | −$6.1k | −$4.35 |
| NOI | $18.3k | $13.05 |
1,406 SF · lease $20.04/SF/yr · vacancy 13.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$262.0K
$229.3K – $305.7K
NOI $18,343 @ 7.0% cap · market cap 6.93%
Second Best
Healthcare Medical
$70.8K
$62.0K – $82.7K
NOI $4,959 @ 7.0% cap · market cap 1.87%
Theoretical Best
Office A
$363.0K
$317.6K – $423.5K
NOI $25,408 @ 7.0% cap · market cap 9.60%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
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FAQs
What type of property is this?
Office units - Ground floor office condo with flexible private and open layout, two ADA restrooms, and washer/dryer hookups.
Where is this office units located?
The property is located at 559 Centre View Blvd Crestview Hills, KY.
What is the asking price?
The asking price for this property is $264,800.
What are key features of this property?
This property features: Ground floor office condo with flexible private and open space layout; Located in Centre View Office Park, just minutes from I‑275; Includes 2 ADA restrooms
