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Property profile & analytics
OFF-MARKET Estimated value $2,375,000
Commercial real estate

1700 Petersburg Rd Hebron, KY 41048-8400

14,700 SF Built 2013
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US34-0738385
Property summary
AI-generated overview

This exceptional 19,000-square-foot property, located at 1700 Petersburg Road in Hebron, Kentucky, presents a unique opportunity for a single tenant. Situated on a generous 2.96-acre lot, this building offers a blend of executive office space and warehouse functionality, ideal for a business requiring both. Built in 1988, the property is currently entirely vacant, providing immediate occupancy for the right tenant. The building boasts ample parking with 60 spaces available, ensuring convenient access for employees and clients. The property is zoned I-1 Industrial, allowing for a variety of uses within the zoning regulations. The building features three-phase power, essential for many industrial operations. The address is 1700 Petersburg Rd, Hebron, KY 41048, within Boone County. This single-tenant occupancy building offers significant space and flexibility, making it an attractive option for businesses seeking a prominent location in a thriving area. The entire 19,000 square feet is available for lease, providing a substantial footprint for operations and growth. The combination of office and warehouse space, along with the ample parking and convenient location, makes this property a highly desirable asset. Interested parties are encouraged to inquire for further details and leasing information.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2013
Total area 14,700 SF
APN 047.00-04-011.00
UPID US34-0738385
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
$2.38M
CAP Approach CAP
$2.11M
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.38M
Owner & transaction history
Chinar Management LLC · 1 yrs held
Chinar Management LLC
since 2024
Last sale
$2.4M
3 recorded transactions
2024
$175,000
2024
$2.4M
2023
$1.9M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $3.7M +45.8%
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