Property profile

10020 Demia Way Florence, KY 41042

OFF-MARKET
Outlet malls
Property ID
US34-0479495
11,718 SF Built 1985
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

A 3,240-square-foot mixed-use commercial space in Florence, Kentucky, configured to support a range of professional and service uses such as medical or dental practices, chiropractic offices, cosmetic spa treatments, logistics-related offices, and educational facilities. The layout includes two entry foyers, a large glass storefront area, eight exam rooms with built-in sinks and cabinets, multiple handicap-accessible bathrooms, and two kitchenette areas. Additional office spaces and storage rooms provide further workspace, and the interior is designed to be readily divisible into two separate businesses. The property provides both front and rear entrances, includes exterior signage space, and has traffic-light-controlled access via on-site entry/exit. It is located on the same street as Sports of All Sorts and near a Kroger shopping center, just off Mt. Zion Rd, with proximity to I-75 (less than half a mile). The building exterior was completely remodeled approximately 18 months prior to this description, and the site is positioned outside city limits in Boone County.

Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1985
Total area 11,718 SF
APN 074.00-14-004.02
UPID US34-0479495

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
  • Restaurant

Location

10020 Demia Way Florence, KY 41042-4734
Florence metro Census 70301 CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.31M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.20M
Blend (final) Blend
$1.29M

Owner & transaction history

since 2023
Last sale
$1.1M
2 recorded transactions
2023
$1.1M
2010
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $1.6M +7.8%
Warehouse, storage $1.5M +2.2%

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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