Property profile

320 Thomas More Pkwy Crestview Hills, KY 41017

OFF-MARKET
Office buildings
Property ID
US34-0275433
22,500 SF 2.22 ac lot Built 1997
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional medical office property, located at 320 Thomas More Parkway in Crestview Hills, Kentucky, offers two available suites totaling 1,200 and 2,009 square feet. The larger suite is situated on the first floor, while the smaller suite is conveniently located on the lower level. Both spaces boast excellent visibility and ample parking, a significant advantage for both patients and staff. The building enjoys a prime location across from the Five Seasons Sports Club, providing easy access for employees and clients alike. Its proximity to I-275 and St. Elizabeth Medical Center further enhances its appeal. The surrounding area is vibrant, featuring the Crestview Hills Town Center with its diverse retail offerings, the prestigious Summit Hills Country Club, and a wide array of popular restaurants. Commuting is a breeze, with the Cincinnati/Northern Kentucky International Airport (CVG) just 10 minutes away and downtown Cincinnati a short 15-minute drive. This business park is also home to Thomas More University, adding to the area's overall appeal. The property is zoned for office use and is ideally suited for medical practices and other businesses. The owner is willing to collaborate with tenants to customize the space to meet their specific requirements, ensuring a seamless transition and a workspace perfectly tailored to their needs. The property's multiple tenancy allows for flexibility and potential for growth. This is a truly unique opportunity to establish a thriving practice in a highly desirable location.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1997
Total area 22,500 SF
Lot 2.22 ac (96,834 SF)
APN 029-10-00-001.13
UPID US34-0275433

Cap rate & NOI

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

Location

320 Thomas More Pkwy Crestview Hills, KY 41017-3410
Crestview Hills metro Census 65400 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
by Request
Comparable Approach Comparable
$2.75M
Blend (final) Blend
$2.61M

Owner & transaction history

since 2017
5 recorded transactions
2017
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $3.0M +5.3%

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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