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Financial
Distress signals
Property profile

7453 Empire Dr Florence, KY 41042

FOR LEASE
Flex space
Property ID
US34-0576776
99,000 SF 7.3 ac lot Built 1994
Last sale Mar 2015 · $8,386,184
Individually Owned Owner of record is an individual. 11-yr Hold Held for 11 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a warehouse facility offering approximately 12,815 square feet of enclosed industrial space. It is located in Boone County, Florence, Kentucky, with access to Interstate 75 and Interstate 71 via the Mt. Zion Road and SR 42 exits.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$38k
Tax billed · 2024
Assessed value$3.65M
Assessed land$750k
Assessed improvement$2.90M
Effective rate1.06%

Value estimate

· Oct 2026
$1.86M
$1.67M – $2.05M
AI approach$1.45M
Submarket $/SF estimate$2.27M
NOI build-up
Gross scheduled income$960k
Vacancy & credit loss−$61k
Operating expenses−$270k
NOI · 10,937,286.96% cap applied$629k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
10,937,286.96%
$629k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionBOONE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency21.3
Dental Office16.6
Law Firm15.7

Location

7453 Empire Dr Florence, KY 41042
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
500 Weaver, Florence, KY 41042-2947 $4,850,000 Jan 2024 No data
7455 Empire, Florence, KY 41042-2923 $6,730,000 Apr 2022 174,970 SF
8015 Dixon, Florence, KY 41042-2905 $4,500,000 Dec 2021 No data
7950 Dixie, Florence, KY 41042-2737 $10,600,000 Oct 2020 343,352 SF
290 Aristocrat, Florence, KY 41042-3200 $2,750,000 Nov 2019 11,880 SF
7375 Industrial, Florence, KY 41042-2911 $12,293,029 Aug 2019 281,894 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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