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Property profile & analytics
FOR LEASE
Commercial real estate

16 Martha Layne Collins Blvd Cold Spring, KY 41076

46,850 SF 5.3 ac lot Built 1987
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US34-0705217
Property summary
AI-generated overview

County Square, located at 16 Martha Layne Collins Blvd in Cold Spring, Kentucky, presents a prime retail or restaurant opportunity. This single-story, 46,616 square foot strip center boasts 18 suites and is situated in a high-traffic area with excellent visibility. The property features a newly renovated (2022) building with ample on-site parking and a dedicated traffic light, ensuring convenient access for customers. Currently, 2,100 square feet of space is immediately available, with a minimum divisible space of 2,100 square feet and a maximum contiguous space of 2,100 square feet. The center is conveniently located near Northern Kentucky University (NKU) campus, just 2 minutes away, providing access to a large student population and surrounding community. The property benefits from a triple net lease structure and is anchored by a newly remodeled Kroger grocery store, driving significant foot traffic. The building is served by 3-phase power and is zoned for commercial use within Campbell County (zip code 41076). The property is conveniently located near US 27. This is an exceptional opportunity for businesses seeking a well-located, modern retail space in a thriving community.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1987
Total area 46,850 SF
Lot 5.3 ac (230,824 SF)
APN 999-99-32-238.00
UPID US34-0705217
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$7.46M
Comparable Approach Comparable
$6.07M
Blend (final) Blend
$6.71M
Owner & transaction history
Vinnat Hotels LLC · 6 yrs held
Vinnat Hotels LLC
since 2019
5 recorded transactions
2019
$4.7M
2017
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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