6920 Burlington Pike, Florence, KY 41042-1619
- Grocery and convenience stores
- 71,789 SF
- 7.29 lot acres
Current Use by Public Records
- US Bank Mortgage / Loan Service / Bank
- Remke / Grocery & Convenience Store / Food Market
- Coinstar Kiosk - Bitcoin ATM / Atm / Currency Exchange Service
- ATM / Atm / Crypto Atm
- Coin Cloud Bitcoin ATM / Atm / Crypto Atm
Property Details for 6920 Burlington Pike
- Year built
- 1995
- Lot size
- 7.29 lot acres
- Property type
- Grocery and convenience stores
- APN
- 072.00-01-001.00
- APU
- 72000100100
Description
This exceptional 62,097-square-foot retail space, located at 6920 Burlington Pike in Florence, Kentucky, presents a significant leasing opportunity. The property, a former grocery store, boasts a large, open floor plan, offering considerable flexibility for customization to meet diverse tenant needs. Situated on a 7.01-acre lot, the building features ample on-site parking with 300 spaces, ensuring convenient access for customers and employees. Built in 1988 and renovated in 2005, this Class B property benefits from its prime location on Burlington Pike (KY-18), a bustling retail corridor in Florence. The property enjoys excellent visibility and accessibility, with easy access to major highways I-75 and I-71, providing convenient connections to Cincinnati and Northern Kentucky. The zoning is CM, and the property's tax cost per square foot is $0.88. This location is ideal for a variety of retail, grocery, or large-format commercial uses, providing an excellent opportunity for businesses seeking a strong presence in a thriving community. The property is currently vacant and ready for immediate occupancy. Boone County location.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $6,366,000
- AI Estimate
- $4,726,000
Market price range: $4.87M - $15.5MMarket price range: $2.63M - $11.3M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $8,825,000 Current use
- OFFICE BUILDING
- $9,520,000 Change: +8% Conversion: Easy
- WAREHOUSE, STORAGE
- $9,015,000 Change: +2% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Florence
- County
- Boone
- State
- Kentucky
- Longitude
- -84.6306
- Latitude
- 39.0105
- CBSA code
- 17140
- CBSA name
- CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA
