Property profile

1 Rivercenter Blvd Covington, KY 41011

OFF-MARKET
Commercial real estate
Property ID
US34-0221002
204,000 SF 2.14 ac lot Built 1998
Entity Owned 27-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1998
Total area 204,000 SF
Lot 2.14 ac (93,218 SF)
APN 054-12-05-002.00
UPID US34-0221002

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
  • Atm
  • Business Service Center Conference Center
  • Take-out & Catering Catering Service

Location

1 Rivercenter Blvd Covington, KY 41011-1669
Covington metro Census 67000 CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$32.49M
Comparable Approach Comparable
$23.21M
Blend (final) Blend
$25.28M

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Restaurant $26.8M +65.9%
Office building $21.3M +31.9%
Retail stores $18.0M +11.1%

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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