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    Office Building with Conference Rooms Title is generated by Realmo AI

    7847 Tanners Gate Lane, Florence, KY 41042

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    Office building featuring two conference rooms, kitchenettes on each floor, and parking for 48.

    Type:Office
    Property size:
    8,400 SF
    Price / SF:
    $142/SF
    Added:
    Jun 11, 2026
    Days on Market:
    17
    Last Refresh:
    Jun 20 at 7:04 am

    Property Features for 7847 Tanners Gate Lane

    General Information

    Standard status
    Active
    Size
    8,400 SF
    Property subtype
    Office

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    Derrick Plunkett
    Derrick Plunkett

    Listing office KW Commercial

    Listing date Jun 11, 2026

    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 KW Commercial

    HighLights

    • Office building with two conference rooms
    • Kitchenette on each floor
    • Parking for 48 cars
    • Building features an elevator
    • Exterior includes slate shingles and copper gutters
    • Property at 7847 Tanners Gate Lane in Northern Kentucky

    Overview

    This office building includes an elevator and dedicated space for meetings and collaboration, with two conference rooms. Kitchenettes are provided on each floor for convenient day-to-day use. The exterior features slate shingles and copper gutters, while the interior is described as having an “amazing” finish, supporting a professional tenant experience. Parking is available for up to 48 cars.

    The property is located in the Northern Kentucky market in Florence, KY, with access to key transportation routes and local amenities described in the offering materials. The surrounding area is characterized as a dynamic business environment. The remarks also cite proximity to Boone County Arboretum and the World of Golf, which may appeal to office tenants seeking nearby attractions and convenience.

    For investors and operators, the building’s office-friendly setup—elevator service, multiple conference options, and kitchenettes on each level—can support a range of professional tenants. On-site parking for 48 vehicles helps accommodate staff and visitors, and the combination of building visibility and connectivity is positioned as a factor in tenant appeal. The property is presented for sale as an office or office building investment opportunity in Northern Kentucky.

    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 $181.4k $21.60
    − Vacancy −$39.9k −$4.75
    EGI $141.5k $16.85
    − OpEx −$35.4k −$4.21
    NOI $106.1k $12.64
    8,400 SF · lease $21.60/SF/yr · vacancy 22.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.52M
    $1.33M – $1.77M (±1% cap)
    NOI $106,142 @ 7.0% cap · market cap 8.85%
    Second Best
    no second resolved use
    Theoretical Best
    Office A
    $2.32M
    $2.03M – $2.70M (±1% cap)
    NOI $162,086 @ 7.0% cap · market cap 13.51%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Aaron Smith Team ... Real Estate Agency

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Florence
    County
    Boone
    State
    Kentucky
    Longitude
    -84.642947
    Latitude
    38.9952

    FAQs

    What type of property is this?
    Office building - Office building featuring two conference rooms, kitchenettes on each floor, and parking for 48.
    Where is this office building located?
    The property is located at 7847 Tanners Gate Lane Florence, KY.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: Office building with two conference rooms; Kitchenette on each floor; Parking for 48 cars
    (859) 620-5830 Call to check price and availability
    More about this property
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