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6900 Houston Rd Florence, KY 41042

OFF-MARKET Commercial real estate Google Maps
0.01 ac lot Built 2002
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional commercial property in Florence, KY, offers nearly 3,000 square feet of versatile office space, ideally suited for owner-occupants or investors. The property comprises three contiguous units (Units 36, 38, and 40), each approximately 950 square feet, located on the second floor. The layout boasts 14 individual offices, a large executive suite with a dedicated reception area, two spacious conference rooms, two kitchenettes, and three bathrooms. The units can operate seamlessly as a single, cohesive workspace or be easily partitioned into independent offices, each with its own exterior access point. This prime location in a bustling commercial area provides excellent visibility and accessibility, with convenient proximity to I-75 and CVG International Airport, as well as a variety of shopping and dining options. Tenant responsibilities are limited to electricity, gas, and phone services, ensuring predictable operational expenses. A monthly HOA fee of $150 per unit covers water and trash removal. This property presents a compelling opportunity for professional services firms, small businesses, or those seeking a strong investment return. The 0.01-acre lot ensures ample parking and convenient access. The asking price is $140,000.

Property profile

Verified
Property type Commercial real estate
Year built 2002
Lot 0.01 ac (436 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Construction Company
  • Production Facility
  • Loan Service Bank
  • Financial Advisor
  • Computer & Electronic Repair

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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