Professional Office Condo For
6900 Houston Road, Florence, KY 41042
COMMERCIAL - Florence, KY
Type:Office
Property size:
950 SFLot size:
0.01 AcresPrice / SF:
$140/SF- Added:
- Jan 29, 2026
- Days on Market:
- 107
- Last Refresh:
- May 16 at 2:06 am
Property Features for 6900 Houston Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- 061.00-23-600.28
- Size
- 950 SF
- Lot size
- 0.01 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2002
- Floors in Building
- 1
- Flooring type
- Carpet, Tile
- Building materials
- Brick
- Roof type
- Metal
Listing agent Caldwell Group (859) 780-5511
Listing office eXp Realty, LLC 2110 Chamber Center Dr., Ashland, KY (859) 795-7995
Listing date Jan 29, 2026
MLS# 641898
Copyright © 2026 Northern Kentucky MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Functional 1,000 SF office condominium with multiple private offices.
- Convenient location near major retail, dining, banking, and St. Elizabeth Medical Center.
- Includes a reception area, three private offices, and a larger office/conference room.
- Features a kitchenette and private ADA‑compliant restroom.
- Suitable for medical, professional, or service‑oriented businesses.
- Built in 2002 with brick construction and ample parking.
Overview
Available for sale or lease, this professional office condominium offers approximately 1,000 square feet with a functional layout featuring multiple private offices on the second floor. The suite includes a welcoming reception area, three private offices, and one larger office that may also be used as a conference room or shared workspace. Additional features include a kitchenette and one private ADA-compliant restroom. Conveniently located near major retail and service amenities including Walmart, Meijer, Kohl's, dining, banking, and St. Elizabeth Medical Center, this office condo provides accessibility for both employees and clients. It is ideal for medical, professional, or service-oriented users seeking a well-designed and efficient office space. The property is located in Florence, Kentucky, in Boone County.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$133.4K
NOI $12,004 @ 9.00% cap · cautious / downside scenario
Moderate
$171.5K
NOI $12,004 @ 7.00% cap · market / base-case scenario
Aggressive
$240.1K
NOI $12,004 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $20.5k | $21.60 |
| − Vacancy | −$4.5k | −$4.75 |
| EGI | $16.0k | $16.85 |
| − OpEx | −$4.0k | −$4.21 |
| NOI | $12.0k | $12.64 |
950 SF · lease $21.60/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$171.5K
$150.1K – $200.1K
NOI $12,004 @ 7.0% cap · market cap 8.97%
Second Best
Healthcare Medical
$165.4K
$144.7K – $193.0K
NOI $11,578 @ 7.0% cap · market cap 8.65%
Theoretical Best
Office A
$261.9K
$229.1K – $305.5K
NOI $18,331 @ 7.0% cap · market cap 13.70%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
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
Location Insight
- Map
- Local Demand
- City
- Florence
- County
- Boone
- State
- Kentucky
- Longitude
- -84.647776
- Latitude
- 39.008423
Nearby Similar for Sale
FAQs
What type of property is this?
Office units - Professional office condominium with functional layout and convenient location.
Where is this office units located?
The property is located at 6900 Houston Road Florence, KY.
What is the asking price?
The asking price for this property is $133,800.
What are key features of this property?
This property features: Functional 1,000 SF office condominium with multiple private offices.; Convenient location near major retail, dining, banking, and St. Elizabeth Medical Center.; Includes a reception area, three private offices, and a larger office/conference room.
