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Property profile & analytics

6555 Nicholas St Florence, KY 41042-2184

This property features two office suites, each with a private bathroom and an open floor concept. Located in Florence, KY, within Boone County, the property sits on a 1.85-acre lot and contains a building with 24,640 square feet of living area. Utilities, CAM, and expenses were historically included in the rate, with tenants typically responsible for their own internet service.
  • Office space
  • 24,640 SF
  • 1.85 lot acres
OFF-MARKET
Value Estimation
$560,000
Location Intelligence
Property ID
US34-0130562
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

  • webuyanycar.com / Car Dealer / Used Car Dealer
  • American Home Tech / Water Damage Restoration Service / Window Installation Service
  • Tate Training Center / Sports Complex

Property Details for 6555 Nicholas St

Year built
1989
Lot size
1.85 lot acres
Property size
24,640 SF
Property type
Office space
APN
072.13-04-026.03
APU
72130402603

Property Overview

This property features two office suites, each with a private bathroom and an open floor concept. Located in Florence, KY, within Boone County, the property sits on a 1.85-acre lot and contains a building with 24,640 square feet of living area. Utilities, CAM, and expenses were historically included in the rate, with tenants typically responsible for their own internet service.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $605,000
  • CAP approach

    CAP return
    Estimation
    6%
    $500,000
    6.5%
    $585,000
    7%
    $570,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $465,000
    Geo Method
    $545,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $530,000
    Retail
    $520,000
    Mixed-Use
    $465,000
    Hospitality
    $585,000
    Educational
    $460,000
    Residential Income
    $595,000
    Energy
    $510,000
    Income-Based Land
    $510,000
    Food Service
    $495,000

Location Insight

  • Map
  • Local Demand
City
Florence
County
Boone
State
Kentucky
Longitude
-84.6187
Latitude
39.0063
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
$6,524
$155,000
$505,000
$660,000
-
$155,000
$505,000
$660,000
More about this property
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