Financial
Distress signals
Property profile

11 Spiral Dr Florence, KY 41042

FOR LEASE
Office buildings
Property ID
US34-0512997
32,024 SF 3.03 ac lot Built 1988
Last sale Dec 2017 · $3,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional single-tenant property at 11 Spiral Drive in Florence, Kentucky, offers 1,625 square feet of versatile space, ideal for businesses needing both office and warehouse functionality. Located in the vibrant city of Florence, KY, 41042, this property boasts a highly convenient location, just 0.6 miles from the I-71/I-75 interchange, providing easy access to major transportation routes and significantly reducing commute times for employees and clients. The property's classification…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$20k
Tax billed · 2023
Assessed value$2.00M
Assessed land$326k
Assessed improvement$1.67M
Effective rate0.98%

Value estimate

· Sep 2026
$875k
$788k – $963k
Submarket $/SF estimate$2.90M
NOI build-up
Gross scheduled income$76k
Vacancy & credit loss−$5k
Operating expenses−$11k
NOI · 553,168.95% cap applied$61k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$133/SF
County average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$85 – $186

Cap rate analysis

How does the asset earn?
553,168.95%
$61k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionBOONE

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop14.2
HVAC Service12.6
Storage Facility11.9

Location

11 Spiral Dr Florence, KY 41042
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7075 Industrial, Florence, KY 41042-3053 $1,145,000 Feb 2026 7,581 SF
7902 Tanners Gate, Florence, KY 41042-1863 $5,275,000 Jan 2024 108,788 SF
1402 Beemon, Florence, KY 41042-8114 $250,000 Sep 2023 3,200 SF
7920 Dream, Florence, KY 41042-1802 $775,000 Jul 2022 4,836 SF
7405 Burlington, Florence, KY 41042-5199 $365,000 Apr 2022 4,752 SF
7413 Us Hwy 42, Florence, KY 41042-1999 $599,000 Mar 2022 5,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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