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    Office Building with Conference Rooms Title is generated by Realmo AI

    7847 Tanners Gate Ln, Florence, KY 41042

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    Office building offering elevator service, multiple conference rooms, and parking for up to 48 vehicles.

    Type:OFFICE
    Property size:
    8,400 SF
    Price / SF:
    $142/SF
    Added:
    Jun 10, 2026
    Days on Market:
    6
    Last Refresh:
    Jun 13 at 3:45 am

    Property Features for 7847 Tanners Gate Ln

    General Information

    Standard status
    Active
    Size
    8,400 SF
    Property subtype
    OFFICE

    Properties For Sale

    at 7847 Tanners Gate Ln Contact us

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    Listing Contact
    Derrick Plunkett
    Derrick Plunkett

    Listing agent Derrick Plunkett License #219608

    Listing office KW Northern Kentucky Commercial

    Listing date Jun 10, 2026

    Source Moodyscre

    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

    HighLights

    • Office building with elevator service, 2 conference rooms, and a kitchenette on each floor
    • On‑site parking for up to 48 vehicles
    • Building features slate shingles and copper gutters
    • Offered as an office/office building investment in Northern Kentucky

    Overview

    The property at 7847 Tanners Gate Lane is an office building configured for business use, with an elevator for tenant and visitor access. It includes two conference rooms and a kitchenette on each floor, supporting both meetings and day-to-day workspace needs. Exterior improvements feature slate shingles and copper gutters, and the building is described as having an “internal finish.” Parking is available for up to 48 cars.

    The building is positioned in Northern Kentucky, with remarks emphasizing convenient access to key transportation routes and local amenities. The offering notes prominent visibility and strong connectivity to support business access and tenant convenience.

    For investors and owner-occupants, this property can be considered for office use where in-building meeting space and floor-level kitchenettes are helpful. The combination of elevator service and onsite parking for 48 supports practical daily operations for teams, clients, and visiting business partners. Current information provided does not specify individual suite sizes, current occupancy, or tenant improvements, so interested parties should verify those details during due diligence.

    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 offering elevator service, multiple conference rooms, and parking for up to 48 vehicles.
    Where is this office building located?
    The property is located at 7847 Tanners Gate Ln 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 elevator service, 2 conference rooms, and a kitchenette on each floor; On‑site parking for up to 48 vehicles; Building features slate shingles and copper gutters
    (859) 620-5830 Call to check price and availability
    More about this property
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