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Property profile & analytics
OFF-MARKET Estimated value $2,905,000
Medical Office Space

2151 Bnd Rd Hebron, KY 41048-4000

24,466 SF 2.36 ac lot Built 2009
Entity Owned 18-yr Hold Absentee Owner Free & Clear
Property ID
US34-0594996
Property summary
AI-generated overview

This exceptional 15,000 square foot medical office building is available for lease in Hebron, Kentucky. Located at 2151-2161 N Bend Rd, zip code 41048, this single-tenant property presents a unique opportunity for a medical practice seeking ample space in a prime location within Boone County. The entire building is currently vacant, offering immediate occupancy for a prospective tenant. The property is classified as both retail and office space, with a specific subtype designation of medical office and commercial. This versatile space is ideal for a variety of medical uses, providing significant room for expansion and growth. The building's size and layout offer flexibility in design and configuration to meet the specific needs of a medical practice. Its location in Hebron, Kentucky provides easy access to major transportation routes, ensuring convenient access for patients and staff. The property's single-tenant status ensures a streamlined and efficient operational environment. This is a rare opportunity to secure a substantial, fully vacant medical office building in a desirable Kentucky location. Interested parties are encouraged to inquire promptly to explore this exceptional leasing opportunity. The property is situated in Boone County, Kentucky, offering a strong local market and excellent access to amenities and services. The address is 2151-2161 N Bend Rd, Hebron, KY 41048.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2009
Total area 24,466 SF
Lot 2.36 ac (102,802 SF)
APN 035.00-12-005.02
UPID US34-0594996
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
by Request
Comparable Approach Comparable
$3.26M
Blend (final) Blend
$2.91M
Owner & transaction history
Mhm Properties LLC · 18 yrs held
Mhm Properties LLC
since 2008
2 recorded transactions
2008
Price N/A
2008
$465,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $4.3M +51.0%
Restaurant $3.5M +22.6%
Office building $3.1M +11.7%
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