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    Property profile & analytics

    5880 Merchants St Florence, KY 41042-1288

    • Turn key restaurants
    • 5,800 SF
    • 1.48 lot acres
    OFF-MARKET
    Value Estimation
    $695,000
    Location Intelligence
    Property ID
    US34-0623310
    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.

    Current Use by Public Records

    • LaRosa's Pizza Florence / Pizza Restaurant / Delivery Service

    Property Details for 5880 Merchants St

    Year built
    2003
    Construction
    TYPE NOT SPECIFIED
    Lot size
    1.48 lot acres
    Property size
    5,800 SF
    Property type
    Turn key restaurants
    APN
    061.00-18-019.00
    APU
    61001801900

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Florence
    County
    Boone
    State
    Kentucky
    Longitude
    -84.6529
    Latitude
    39.0076
    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
    $12,570
    $600,000
    $725,000
    $1,325,000
    -
    $600,000
    $725,000
    $1,325,000

    Comparable in this City

    • Value Estimation by Request

      8860 Us Hwy 42

      RESTAURANT
      8860 Us Hwy 42, Florence, KY 41042-8851
      View Details
    • Value Estimation by Request
      4,952 SF

      6885 Houston Rd

      RESTAURANT • 4,952 SF
      6885 Houston Rd, Florence, KY 41042-5124
      View Details
    • Value Estimation by Request
      5,004 SF

      7200 Houston Rd

      RESTAURANT • 5,004 SF
      7200 Houston Rd, Florence, KY 41042-4865
      View Details
    • Value Estimation
      $2,370,000
      2.26 Acres

      6835 Houston Rd

      RESTAURANT • 2.26 Acres
      6835 Houston Rd, Florence, KY 41042-5124
      View Details
    • Value Estimation
      $1,085,000
      9,236 SF

      7914 Dream St

      RESTAURANT • 9,236 SF
      7914 Dream St, Florence, KY 41042-1802
      View Details
    • Value Estimation by Request
      9,384 SF

      7155 Houston Rd

      RESTAURANT • 9,384 SF
      7155 Houston Rd, Florence, KY 41042-4863
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      9,590 SF

      Florence Retail Storefront - 9,590 SF

      Prime NKY Retail Space, High Visibility
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    • $559,000
      3,034 SF

      Florence Bank Building - $559K

      Prime Retail Space, High Traffic Area
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    • $1,125,000
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      Florence Retail Investment Opportunity

      4,000 SF Retail Building, Prime Location
      10510 Norbotten Dr, Florence, KY 41042
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    • $4,999,000
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      Iconic Building on Burlington Pike

      Prestigious commercial building with high visibility and spa amenities.
      7535 Burlington Pike, Florence, KY 41042
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    • $1,909,492
      7,200 SF

      Florence, KY Smokey Bones Retail

      High-yield Smokey Bones storefront, strong tenant.
      7848 Mall Rd, Florence, KY 41042
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    • $495,000
      3,297 SF

      Former Bank Building on Dixie

      Former bank building for sale in Florence, Kentucky.
      6890 Dixie Hwy, Florence, KY 41042
      View Details

    Similar Nearby for Lease

    • $38 SF/Yr
      2,600 SF

      Restaurant Endcap on Houston Road

      Former restaurant space with high visibility in active retail corridor.
      4960 Houston Rd, Florence, KY 41042
      View Details
    • Contact for pricing
      1,760 SF

      Freestanding Building with Drive-Thru

      1,760 SF freestanding building with drive-thru for lease.
      6809 Burlington Pike, Florence, KY 41042
      View Details
    • Contact for pricing
      4,000 SF

      Retail Space in New Development

      Retail spaces available in new development with drive-thru options.
      Us Highway 42, Florence, KY 41042
      View Details
    • $15 SF/Yr
      900 SF

      Restaurant Space Available For Lease

      900 SF restaurant space available for lease.
      7500 Oakbrook Dr, Florence, KY 41042
      View Details
    • Contact for pricing
      62,097 SF

      Big Box Retail Space, Florence, KY

      62,097 SF former grocery, high-traffic location.
      6920 Burlington Pike, Florence, KY 41042
      View Details
    • $11 SF/Yr
      15,702 SF

      Florence Retail Space - High Visibility

      Prime retail space in booming Florence, KY. Excellent visibility & location.
      55 Spiral Dr, Florence, KY 41042
      View Details

    Property Visit Statistics

    • Visits by month
      10.8k
    • Visitors by month
      8.4k
    • Avg Time on site
      55 min
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    5880 Merchants St
    Florence, KY 41042-1288
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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