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Property profile & analytics
OFF-MARKET Estimated value $1,925,000
Commercial real estate

3955 Alexandria Pike Cold Spring, KY 41076-2027

58,100 SF 5.21 ac lot Built 1988
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US34-0092137
Property summary
AI-generated overview

This exceptional 20,000-square-foot commercial property, located at 3955 Alexandria Pike in Cold Spring, Kentucky, presents a unique investment opportunity. The single-story, Class B building, constructed in 1988 and renovated in 2012, offers a variety of office spaces suitable for traditional, executive, co-working, or creative businesses. Currently, 4,000 square feet of space is available for lease within this multi-tenant building, which features a total of five suites. The property boasts excellent visibility and accessibility, situated on 5.21 acres of land with 105 parking spaces. Its prime location along Alexandria Pike, a high-traffic thoroughfare with over 33,000 vehicles passing daily, ensures significant exposure. The building's convenient proximity to Northern Kentucky University (NKU), Interstates 275 and 471, and Downtown Cincinnati enhances its appeal. The property is zoned commercial and is situated within the Cold Spring submarket of Campbell County, Kentucky, zip code 41076. Annual property taxes are $1.27 per square foot. This turnkey space is ideal for a range of businesses seeking a well-maintained and strategically located office environment. The brick building offers a professional and inviting atmosphere.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1988
Total area 58,100 SF
Lot 5.21 ac (226,860 SF)
APN 999-99-19-541.00
UPID US34-0092137
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
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.24M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.93M
Owner & transaction history
Cold Spring Suites LLC · 6 yrs held
Cold Spring Suites LLC
since 2020
Last sale
$1.6M
2 recorded transactions
2020
$1.6M
2009
$1.2M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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