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Financial
Distress signals
Property profile

256 Main St Florence, KY 41042

FOR SALE
Office buildings
Property ID
US34-0415356
2,976 SF Built 1940
Last sale May 2019 · $387,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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256 Main St, Florence, KY 41042 For Sale
$1,100,000 2,976 SF
256 Main St, Florence, KY 41042
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Property summary

AI-generated overview

The property is a commercial building located in Florence, Kentucky, containing approximately 8,000 square feet of interior space. It is situated in a high-traffic area with proximity to the interstate and is positioned in the central part of Florence. The building includes ample on-site parking and is configured to accommodate multiple occupants, with five tenants historically operating within the space.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$387k
Assessed land$75k
Assessed improvement$312k
Effective rate1.00%

Value estimate

· Oct 2026
$300k
$270k – $330k
CAP approach$615k
Submarket $/SF estimate$555k
NOI build-up
Gross scheduled income$144k
Vacancy & credit loss−$6k
Operating expenses−$41k
NOI · 8.77% cap applied$96k

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$133/SF
County average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$85 – $186
Qualifying comparables12

Cap rate analysis

How does the asset earn?
8.77%
$96k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionBOONE

Location intelligence

Which uses thrive at this corner?
Best fit: Catering Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Catering Service8.9
Parking Facility8.9
Watch Repair Shop8.8

Location

256 Main St Florence, KY 41042
County assessor Recorded deeds · 3 transfers 12 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7313 Dixie, Florence, KY 41042-2126 $195,500 Feb 2026 2,694 SF
8620 Us Hwy 42, Florence, KY 41042-8502 $750,000 Jan 2024 3,020 SF
31 Girard, Florence, KY 41042-1664 $480,000 Dec 2023 3,032 SF
1402 Beemon, Florence, KY 41042-8114 $250,000 Sep 2023 3,200 SF
221 Main, Florence, KY 41042-2015 $245,000 May 2023 2,772 SF
10135 Dixie, Florence, KY 41042-3343 $178,000 Nov 2021 2,800 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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