596 Petersburg Rd Hebron, KY 41048
- Commercial real estate
- 0.62 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 596 Petersburg Rd
- Lot size
- 0.62 lot acres
- Property type
- Commercial real estate
- APN
- 058.00-00-043.01
- APU
- 58000004301
Description
This exceptional 27,600 square foot commercial land parcel presents a unique investment opportunity in Hebron, Kentucky. Located at 596 Petersburg Road, this single-tenant site boasts a highly visible corner location with signalized access, offering unparalleled exposure to significant traffic volume. Its strategic placement near I-275 Exit 4 provides convenient access to the Cincinnati Northern Kentucky International Airport and its surrounding vibrant economic area. The area is characterized by a concentration of hotels, employment centers, airport parking facilities, and various support services, creating a robust and dynamic market. This property is ideally suited for a wide range of commercial developments, including fast-food restaurants, quick-service restaurants (QSRs), coffee shops, airport-related services, automotive businesses, retail establishments, service centers, or office spaces. The property is zoned for commercial use and is available for ground lease or build-to-suit arrangements. Situated in Boone County, within the Cincinnati Northern Kentucky International Airport submarket, this location offers exceptional visibility and accessibility, making it an attractive proposition for businesses seeking a prime location in a thriving economic corridor. The 27,600 square foot lot size provides ample space for development, allowing for flexibility in design and functionality. This property represents a rare opportunity to establish a successful business in a high-traffic, high-visibility location with excellent access to major transportation arteries and a diverse customer base. The zip code is 41048.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $320,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $405,000
- 6.5%
- $415,000
- 7%
- $450,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $430,000
- Geo Method
- $435,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $435,000
- Retail
- $480,000
- Mixed-Use
- $390,000
- Hospitality
- $480,000
- Educational
- $395,000
- Residential Income
- $475,000
- Energy
- $375,000
- Income-Based Land
- $375,000
- Food Service
- $480,000
Location Insight
- Map
- Local Demand
- City
- Hebron
- County
- Boone
- State
- Kentucky
- Longitude
- -84.6529
- Latitude
- 39.0741
- CBSA code
- 17140
- CBSA name
- CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA
