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Office Building with Ample Parking
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6900 Houston Rd, Florence, KY 41042

Well-maintained, modern office space with ample parking and high visibility and accessibility in the Florence area.

Property Size2,850 SF
Price / SF$141.58
Days on Market64

Property Features for 6900 Houston Rd

General Information

Standard status Active
Size 2,850 SF
Property subtype OFFICE
Listing Agency: KW Northern Kentucky Commercial
Listed By: TJ Schutte Jr · License #304174,KENTUCKY
Source: Moodyscre
Added: May 29 Changed: Jul 31 Last Checked: Jul 31 at 8:48AM

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 KW Northern Kentucky Commercial

Investment Insights

Based on property information with market context.

This office building offers modern, professional office spaces with a well-maintained interior. The property is positioned for visibility and accessibility and includes ample parking for tenants and visitors.

Located at 6900 Houston Rd in Florence, KY, the building is designed to serve day-to-day business needs with convenient site access and parking for employees and guests.

With 2,850 square feet, the space is well-suited for office users looking for a maintained interior and practical on-site parking. The combination of visibility, accessibility, and parking supports a range of office operations.

Key Highlights

  • 2,850 SF office building with modern office spaces
  • Ample parking for tenants and visitors
  • Well‑maintained interior

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 $61.6k $21.60
− Vacancy −$13.5k −$4.75
EGI $48.0k $16.85
− OpEx −$12.0k −$4.21
NOI $36.0k $12.64
2,850 SF · lease $21.60/SF/yr · vacancy 22.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$514.5K
$450.2K – $600.2K (±1% cap)
NOI $36,013 @ 7.0% cap · market cap 8.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$785.6K
$687.4K – $916.6K (±1% cap)
NOI $54,994 @ 7.0% cap · market cap 13.63%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Destiny Home Builders ... Construction Company Lipolaser of Florence Production Facility Sierra Home Loans Loan Service Mueller Financial, Inc. Financial Advisor MSN Computer Services Computer & Electronic Repair

Suggested Use

Top Pick HVAC Service Building Supply Storage Facility (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,070
Businesses Nearby

Demographics for 41042, KY

54,183
Population
23,640
Households
2.3
Avg Household Size
38
Median Age
28%
College-Educated
92%
High-School Grad
22.1 sq mi
ZIP Area
2,452
Density / Sq Mi
$75,582
Median Household Income
$43,501
Median Earnings
$1,240
Median Rent
$210,500
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Well-maintained, modern office space with ample parking and high visibility and accessibility in the Florence area.
Where is this office building located?
The property is located at 6900 Houston Rd Florence, KY.
What is the asking price?
The asking price for this property is $403,500.
What are key features of this property?
This property features: 2,850 SF office building with modern office spaces; Ample parking for tenants and visitors; Well‑maintained interior
(859) 468-6799 Call to check price and availability
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