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    10510 Norbotten Dr Florence, KY 41042

    Sponsored
    For Sale
    $1,125,000

    4,000 SF Retail Building, Prime Location

    Property size:
    4,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 4,000 square foot retail building, located at 10510 Norbotten Dr. in Florence, Kentucky, presents a compelling investment opportunity. Situated on a 37,223 square foot lot, the property boasts a C-4 zoning designation, allowing for versatile commercial uses, particularly well-suited for auto-related businesses. The asking price is $1,125,000, translating to $281.25 per square foot. Its prime location in the thriving Florence area ensures high visibility and accessibility, complemented by ample parking for both customers and employees. The property's proximity to key amenities and business services further enhances its appeal. This presents a strong investment potential in a sought-after location, ideal for entrepreneurs seeking a robust commercial presence in a dynamic market. The building's size and zoning flexibility offer significant potential for customization and adaptation to a wide range of retail or vehicle-related ventures. This property is ready for immediate occupancy and offers a unique chance to establish a thriving business in a high-traffic area of Boone County, Kentucky, zip code 41042.

    Property Features for 10510 Norbotten Dr

    General Information

    Property type
    Automotive properties
    Square Feet
    4,000 SF

    HighLights

    • 4,000 SF building suitable for retail or automotive uses.
    • C‑4 zoning allows diverse commercial applications.
    • High‑visibility location in the rapidly growing Florence area.
    • Excellent accessibility and ample parking.
    • Convenient to amenities and business services.
    • Strong investment opportunity in a desirable market.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Florence
    County
    Boone
    State
    Kentucky
    Longitude
    -84.625838516437
    Latitude
    38.958547196963

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    FAQs

    What type of property is this?
    Automotive property - 4,000 SF Retail Building, Prime Location
    Where is this automotive property located?
    The property is located at 10510 Norbotten Dr Florence, KY.
    What is the asking price?
    The asking price for this property is $1,125,000.
    What are key features of this property?
    This property features: 4,000 SF building suitable for retail or automotive uses.; C-4 zoning allows diverse commercial applications.; High-visibility location in the rapidly growing Florence area.
    Request Owner's contact information
    10510 Norbotten Dr Florence, KY 41042
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    Florence, KY 41042
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10510 Norbotten Dr Florence, KY 41042
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