4990 Houston Rd Florence, KY 41042
- Outlet malls
- 264,653 SF
- 22.47 lot acres
Current Use by Public Records
- VetIQ Petcare / Veterinarian
- Meijer Pharmacy / Pharmacy / Medical Supply Store
- Coinstar / Money Transfer Service
- higi / Health Consultant
- Primo Water Refill & Exchange / Bottled Water Supplier
Property Details for 4990 Houston Rd
- Year built
- 1996
- Lot size
- 22.47 lot acres
- Property size
- 264,653 SF
- Property type
- Outlet malls
- APN
- 061.00-21-008.00
- APU
- 61002100800
Description
This exceptional retail opportunity is located inside a high-traffic Meijer store in Florence, Kentucky (4990 Houston Rd, 41042). The available space totals 493 square feet, offering a prime, front-of-store location with unparalleled visibility and access to thousands of weekly customers. This "Store-Within-A-Store" concept provides a range of benefits, including a strategic placement for maximum customer interaction and exposure. The all-inclusive monthly fee covers real estate taxes, property insurance, CAM, and utilities. Branding opportunities include both interior and exterior signage. The property is situated in a thriving trade area with a desirable customer base. This space is ideal for various businesses, including financial institutions, food and beverage establishments, service businesses, and health and wellness providers. The property is part of a multiple-tenancy building in Boone County. This is a unique opportunity to position your business within one of the Midwest's most well-known retail destinations.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,390,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,070,000
- 6.5%
- $3,130,000
- 7%
- $3,605,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,255,000
- Geo Method
- $3,590,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,570,000
- Retail
- $3,330,000
- Mixed-Use
- $3,345,000
- Hospitality
- $3,530,000
- Educational
- $3,000,000
- Residential Income
- $3,130,000
- Energy
- $3,260,000
- Income-Based Land
- $3,365,000
- Food Service
- $3,500,000
Location Insight
- Map
- Local Demand
- City
- Florence
- County
- Boone
- State
- Kentucky
- Longitude
- -84.6386
- Latitude
- 39.0117
- CBSA code
- 17140
- CBSA name
- CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA
