Property profile

2501 Chelsea Dr 17 Ft Wright, KY 41017

OFF-MARKET
Strip malls
Property ID
US34-0209127
10,400 SF 1.02 ac lot Built 1970
Entity Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 10,400 square foot retail center, situated on a full acre (1.02 acres) lot at 2501 Chelsea Dr in Fort Mitchell, Kentucky (zip code 41017), presents a prime investment or tenancy opportunity. Currently configured as a multi-tenant property, the center offers a vibrant neighborhood strip retail setting. One space, measuring 800 square feet, is immediately available, ideal for a variety of businesses seeking high visibility and convenient access. The property's location in Fort Mitchell provides excellent exposure to a thriving local community and ample parking for customers. The building's total square footage of 10,400 provides significant potential for expansion or redevelopment. This property is strategically positioned to capitalize on the area's strong retail market and offers a compelling opportunity for both investors and tenants seeking a well-established location with high foot traffic potential. The property's address is easily accessible from major roadways, ensuring convenient access for customers and employees alike. This is a rare opportunity to acquire a well-maintained retail center in a desirable Kentucky location. Serious inquiries are encouraged.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1970
Total area 10,400 SF
Lot 1.02 ac (44,431 SF)
APN 014-40-02-322.00
UPID US34-0209127

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant

Location

2501 Chelsea Dr, Unit 17 Ft Wright, KY 41017-1701
Ft Wright metro Census 64600 CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$340k

Owner & transaction history

since 2021
2 recorded transactions
2021
Price N/A
1969
Price N/A

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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