Property profile

4874 Houston Rd Florence, KY 41042

OFF-MARKET
Outlet malls
Property ID
US34-0437508
188,528 SF 26.65 ac lot Built 1992
Entity Owned 9-yr Hold Free & Clear
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Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1992
Construction TYPE NOT SPECIFIED
Total area 188,528 SF
Lot 26.65 ac (1,160,874 SF)
APN 072.00-03-001.00
UPID US34-0437508

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
  • Postal Service Courier Service
  • Home Decor Store Department Store
  • Discount Store

Location

4874 Houston Rd Florence, KY 41042-2195
Florence metro Census 70311 CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$14.94M
Blend (final) Blend
$15.69M

Owner & transaction history

since 2016
1 recorded transaction
2016
$13.7M

Zoning & alternative use

Top alternative use upside
Office building $25.0M +7.8%
Warehouse, storage $23.7M +2.2%

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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