7435 Industrial Rd Florence, KY 41042
Property Lookup
Property profile & analytics
7435 Industrial Rd Florence, KY 41042
- Warehouses
- 12.49 lot acres
Property ID
US34-0652955
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
- Warehouses
Property Details for 7435 Industrial Rd
- Year built
- 1969
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 12.49 lot acres
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 073.00-00-036.00
- APU
- 73000003600
Description
This exceptional investment opportunity presents a 123,769-square-foot Class A distribution facility in Florence, Kentucky. The property, built in 2022, is situated on 27 acres and boasts a 32-foot ceiling height, 11 loading docks, and ample parking, including space for 185 electric vans. Currently 100% occupied by Amazon under a triple-net (NNN) lease with a credit-rated tenant, the lease extends until November 29, 2034, offering a remaining term of over 10 years. The lease includes a 2% annual rent bump, providing inflation protection. The property benefits from a prime location in Boone County, Kentucky, offering easy access to Interstates 75 and 71, and proximity to the Cincinnati/Northern Kentucky Airport and Amazon Prime Air Hub. This strategically located facility is within 600 miles of 65% of the U.S. population, making it ideal for last-mile delivery operations. The current Net Operating Income (NOI) is $2,532,342. The lease structure is passive, with the tenant responsible for most maintenance and capital replacements. The property offers a rare opportunity to acquire a high-quality, strategically located asset with a long-term lease to a financially strong tenant. Lease options for extensions of 4 or 5 years are available. This is a turnkey investment with significant long-term value.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $9,690,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Florence
- County
- Boone
- State
- Kentucky
- Longitude
- -84.6344
- Latitude
- 38.9806
- 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
2024
$235,889
$1,100,000
$25,000,000
$26,100,000
-
$1,100,000
$25,000,000
$26,100,000
