Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Land For Lease Title is generated by Realmo AI

    12300 Towne Center Dr, Walton, KY 41094

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Land available for lease in Walton, Kentucky.

    Type:Land
    Added:
    Jul 19, 2024
    Days on Market:
    686
    Last Refresh:
    May 12 at 11:35 pm

    Property Features for 12300 Towne Center Dr

    General Information

    Standard status
    Active
    Property subtype
    Land

    Spaces For Lease

    at 12300 Towne Center Dr Contact us

    We can help!

    Listing Contact
    Jason Gibson

    Listing agent Jason Gibson License #OH BRKP. 2016004929

    Listing office Anchor Associates, LLC Cincinnati

    Listing date Jul 19, 2024

    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 Anchor Associates, LLC Cincinnati

    HighLights

    • For Lease

    Overview

    This land is available for lease at 12300 Towne Center Dr in Walton, Kentucky.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Walton
    County
    Boone
    State
    Kentucky
    Longitude
    -84.613052
    Latitude
    38.855726

    Nearby Similar for Lease

    • $36 SF/Yr
      10,000 SF

      New Retail Space For Lease

      New construction retail space available for lease in Walton, KY.
      476 Davis Ln, Walton, KY
      View Details
    • $5 SF/Yr
      543,512 SF

      Spacious Industrial Building with Visibility

      543,512 SF industrial building with interstate visibility available for lease.
      40 Logistics Boulevard, Walton, KY, 41094
      View Details
    • Contact for pricing
      891,314 SF

      Spacious Logistics Center with Loading

      891,314 SF logistics center with 3-sided loading potential.
      100 Final Mile Boulevard, Walton, KY, 41094
      View Details
    • $8 SF/Yr
      11,300 SF

      Heated Industrial Space Available

      7,000 sq ft heated industrial space with drive-in door.
      55-57 Cummings Dr, Walton, KY
      View Details
    • Contact for pricing

      Industrial Space Near Airport

      Industrial space for sublease near Cincinnati/Northern Kentucky International Airport.
      200 Richard Knock Highway, Walton, KY 41094
      View Details
    • $5 SF/Yr
      232,500 SF

      Walton Warehouse and Distribution Space

      232,500 SF warehouse/distribution space near I-75 and I-71.
      200 Richard Knock Way, Walton, KY
      View Details
    • Contact for pricing
      896,896 SF

      Spacious Warehouse with Ample Parking

      Large warehouse space with extensive parking and modern amenities.
      201 Richard Knock Hwy, Walton, KY
      View Details
    • $8 SF/Yr
      11,300 SF

      Heated Industrial Space Available

      11,300 sq ft heated industrial space with drive-in door.
      57 Cummings Dr, Walton, KY 41094
      View Details
    • $36 SF/Yr
      10,000 SF

      New Retail Space Available

      Modern retail spaces in high-traffic area, build to suit.
      460 Davis Ln, Walton, KY 41094
      View Details
    • Contact for pricing
      522,870 SF

      Walton Warehouse Distribution Opportunity

      Spec-to-suit warehouse/distribution space with ample parking in Walton, KY.
      505 Innovation Way, Walton, KY
      View Details
    • Contact for pricing
      744,888 SF

      Walton Warehouse and Distribution Space

      Large industrial property with extensive loading and parking facilities.
      500 Innovation Way, Walton, KY
      View Details
    • $24 SF/Yr

      Retail Space in Kroger Anchored Center

      Retail space available in a Kroger Marketplace anchored shopping center.
      625 Chestnut Dr, Walton, KY 41094
      View Details

    FAQs

    What type of property is this?
    Land - Land available for lease in Walton, Kentucky.
    Where is this land located?
    The property is located at 12300 Towne Center Dr Walton, KY.
    What are key features of this property?
    This property features: For Lease
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Jason Gibson
    Real Estate License ID: OH BRKP. 2016004929
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    12300 Towne Center Dr, Walton, KY 41094
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!