Property summary
This exceptional mixed-use property, located at 21 Shelby St, Florence, KY 41042, presents a compelling investment opportunity. The 1,968 square foot building, constructed in 1994 and renovated that same year, sits on a 0.29-acre lot (APN: 061.01-26-006.00). Currently zoned FMS, it offers a versatile layout suitable for a variety of commercial uses, including office and auto shop spaces. The property boasts ample parking, a significant advantage for both employees and clients. Its strategic location in Boone County provides easy access to major transportation arteries and highways, ensuring convenient commutes and efficient logistics. The building's proximity to key business centers and amenities further enhances its appeal. This well-maintained property is move-in ready, offering immediate occupancy and the potential for a high return on investment in a thriving market. The asking price is $575,000, translating to $292.17 per square foot. This represents a strong value proposition for investors seeking a profitable commercial venture in a desirable Kentucky location.
Property profile
VerifiedCap rate & NOI
Current use
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Car Dealership
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning