55 Spiral Dr Florence, KY 41042
Property profile & analytics
55 Spiral Dr, Florence, KY 41042
- Retail space
- 15,376 SF
- 1.44 lot acres
Property ID
US34-0626767
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- The Castle Jewelry and Pawn of Florence / (Bike/Boat/Book/etc) Store
- Halloween Express / (Bike/Boat/Book/etc) Store
Property Details for 55 Spiral Dr
- Year built
- 1998
- Lot size
- 1.44 lot acres
- Property type
- Retail space
- APN
- 061.00-21-002.00
- APU
- 61002100200
Description
This single-tenant retail property, located at 55 Spiral Dr, Florence, KY 41042, offers a flexible space ranging from 4,180 to 15,702 square feet. Situated in the highly trafficked Boone County/Florence submarket, specifically the Houston Rd/Florence/Union/US 42/Mall Road/Turfway cluster, this property boasts exceptional visibility due to its location amongst major national retailers. Neighbors include Kohl's, Home Depot, Chick-fil-A, Chili's, Walmart, Sam's Club, and Meijer, ensuring high foot traffic and brand recognition opportunities. The building features a convenient dock door at the south end, adding to its operational efficiency. The property's APN is 061.00-21-002.00. While the current offering is for up to 15,702 square feet, smaller spaces may be available depending on tenant needs. This location provides unparalleled exposure, making it an ideal choice for businesses seeking maximum visibility and a strong presence in a thriving commercial area. The property is easily accessible from major roadways, offering convenient access for customers and employees alike.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,095,000
- 6.5%
- $2,855,000
- 7%
- $2,650,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,846,000
- AI Estimate
- $2,113,000
Market price range: $1.04M - $3.33MMarket price range: $564k - $2.41M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,890,000 Current use
- RESTAURANT
- $3,870,000 Change: +105% Conversion: Easy
- COMMERCIAL (GENERAL)
- $2,880,000 Change: +52% Conversion: Easy
- OFFICE BUILDING
- $2,040,000 Change: +8% Conversion: Easy
- WAREHOUSE, STORAGE
- $1,930,000 Change: +2% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Florence
- County
- Boone
- State
- Kentucky
- Longitude
- -84.6425
- Latitude
- 39.0122
- CBSA code
- 17140
- CBSA name
- CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$24,776
$1,083,450
$1,536,000
$2,619,450
-
$1,083,450
$1,536,000
$2,619,450
