Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2126 Petersburg Rd Hebron, KY 41048

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    3346 Sq Ft flex space near CVG Airport.

    Property Features for 2126 Petersburg Rd

    General Information

    Standard status
    Active

    We can help!

    Listing Contact
    T.j. Schutte Jr
    T.j. Schutte Jr
    Source: Crexi

    Listing Agency: KW Commercial Listing Agent: T.j. Schutte Jr

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Flex Space Office/Warehouse

    This flex space offers 3346 square feet of office and warehouse area. The location provides convenient access to the Interstate, the CVG Airport, and various other industrial facilities.
    Location Intelligence

    Current Use by Public Records

    Flex space

    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.

    Similar Places Nearby

    Valet Coffee

    Location Insight

    • Map
    • Local Demand
    City
    Hebron
    County
    Boone
    State
    Kentucky
    Longitude
    -84.712375
    Latitude
    39.066662

    Nearby Similar for Lease

    • Sponsored
      Contact for pricing

      KY, Hebron - Litton Lane

      Workspaces, services and support to help you work better in TX, San Antonio - Soledad St
      2300 Litton Ln, Hebron, KY 41048
      View Details
    • Contact for pricing

      Distribution Center Near Airport

      Bulk distribution center near Cincinnati/Northern Kentucky International Airport.
      1155 Worldwide Blvd, Hebron, KY 41048
      View Details
    • Contact for pricing
      2,500 SF

      Retail Space in Hebron, KY

      Retail space available in a busy Hebron shopping center.
      2000 N Bend Rd, Hebron, KY 41048
      View Details
    • Contact for pricing
      47,512 SF

      Industrial Space Near Airport

      47,512 SF industrial space for lease in Hebron, KY.
      2050-2090 Global Way, Hebron, KY 41048
      View Details
    • Contact for pricing
      1,164 SF

      Retail Outparcel Near Kroger Marketplace

      Retail space with high visibility near Kroger Marketplace.
      3065 Bend Rd N, Hebron, KY 41048
      View Details
    • Contact for pricing
      2,700 SF

      Hebron Warehouse Near Airport

      2,700 SF warehouse space near Cincinnati Airport available for sublease.
      1840 Airport Exchange Blvd, Hebron, KY
      View Details
    • $28 SF/Yr
      2,750 SF

      2,750 SF Quick Service Restaurant

      Quick service restaurant space for lease near I-275.
      2130-2131 N Bend Rd, Hebron, KY 41048
      View Details
    • Contact for pricing
      56,792 SF

      Hebron Industrial Space Available

      Industrial property available for lease in Hebron, Kentucky.
      1180 Elijah Creek Rd, Hebron, KY 41048
      View Details
    • Contact for pricing
      189,400 SF

      Hebron Warehouse with Highway Visibility

      189,400 sq ft warehouse with excellent highway visibility.
      1985 International Way, Hebron, KY 41048
      View Details
    • Contact for pricing

      Flexible Workspace Solutions Available

      Global network of workspaces with flexible terms and locations.
      2300 Litton Ln, Hebron, KY 41048
      View Details
    • Contact for pricing

      Hebron Warehouse with Expansion Potential

      50,000 SF warehouse with expansion capabilities in Hebron, KY.
      2105 Gateway Blvd, Hebron, KY 41048
      View Details
    • Contact for pricing
      151,444 SF

      Hebron Industrial Space For Lease

      Industrial space available for lease in Hebron, Kentucky.
      3720 Langley Dr, Hebron, KY 41048
      View Details

    FAQs

    What type of property is this?
    Flex space - 3346 Sq Ft flex space near CVG Airport.
    Where is this flex space located?
    The property is located at 2126 Petersburg Rd Hebron, KY.
    What are key features of this property?
    This property features: - 3346 sq ft office/warehouse space; - Flex space suitable for various business needs; - Close to the interstate for convenient commuting and shipping
    Request Owner's contact information
    2126 Petersburg Rd Hebron, KY 41048
    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.
    2126 Petersburg Rd
    Hebron, KY 41048
    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
    2126 Petersburg Rd Hebron, KY 41048
    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

    We can help!
    Listing Contact
    T.j. Schutte Jr
    T.j. Schutte Jr
    Real Estate License ID: 222254
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!