Property profile

2030 Northside Dr Hebron, KY 41048

OFF-MARKET
Outlet malls
Property ID
US34-0422717
10,540 SF 1.44 ac lot Built 2004
Entity Owned 9-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1,200 square foot office space is situated within a thriving brick shopping center at 2030 Northside Drive, Hebron, KY 41048. The property boasts a convenient location just off North Bend Road (SR 237) near I-275, providing easy access to major transportation routes. This single-story building totals 10,000 square feet and is part of a vibrant commercial area, anchored by established businesses including Hebron Brew Haus Restaurant/Bar, Hana, Inc., China Wok, and Hebron Chiropractic. The building is zoned C-3/CD, allowing for a wide range of commercial uses, including restaurants, medical offices, hair/nail salons, and other retail establishments. This particular space is an end cap unit, offering high visibility and includes a convenient pick-up window. Hebron is experiencing significant growth, making this an ideal location for businesses seeking to establish themselves in a high-income, rapidly developing market. The area is home to major retailers such as Kroger Marketplace and Dollar Tree, along with significant industrial and office presence from companies including Amazon, Toyota, Levi Strauss, and the Gap. This presents a unique opportunity to join a successful and expanding commercial hub in Northern Kentucky. The available space is 1,200 square feet within a larger 10,000 square foot building.

Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 2004
Construction CONCRETE
Total area 10,540 SF
Lot 1.44 ac (62,944 SF)
APN 035.00-11-006.01
UPID US34-0422717

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2030 Northside Dr Hebron, KY 41048-7195
Hebron metro Census 70404 CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.96M
Comparable Approach Comparable
$1.47M
Blend (final) Blend
$1.50M

Owner & transaction history

since 2016
1 recorded transaction
2016
$1.2M

Zoning & alternative use

Top alternative use upside
Commercial (general) $1.8M +35.3%
Office building $1.4M +3.9%

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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