Property profile

7541 Mall Rd Florence, KY 41042

OFF-MARKET
Community centers
Property ID
US34-0563030
40,110 SF 4.29 ac lot Built 1982
Entity Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional retail opportunity presents 21,834 square feet of vacant space within a larger 47,181 square foot multi-tenant strip center located at 7541 Mall Road, Florence, Kentucky 41042. The property, situated in Boone County, underwent renovations in 2015, ensuring modern amenities and a well-maintained environment. The available space is ideal for a variety of retail uses, offering significant visibility and accessibility due to its prime location. While the entire center comprises 47,181 square feet, the minimum divisible space is 21,834 square feet, and the maximum contiguous space available is also 21,834 square feet. This presents a unique chance for a single tenant to occupy a substantial portion of the center or the possibility of subdividing the space for multiple smaller tenants. The property's strategic location in Florence, Kentucky, guarantees high foot traffic and exposure to a thriving consumer base. This is a remarkable chance to establish or expand a retail presence in a well-maintained and highly visible location. The property's recent renovations ensure a modern and attractive space ready for immediate occupancy. Contact us today to learn more about this exciting opportunity.

Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 1982
Construction TYPE NOT SPECIFIED
Total area 40,110 SF
Lot 4.29 ac (186,960 SF)
APN 062.00-25-002.00
UPID US34-0563030

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Family Recreation Center

Location

7541 Mall Rd Florence, KY 41042-1401
Florence metro Census 70312 CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$9.77M
CAP Approach CAP
$7.34M
Comparable Approach Comparable
by Request
Blend (final) Blend
$7.63M

Owner & transaction history

since 2021
Last sale
$5.5M
3 recorded transactions
2021
$5.5M
2019
Price N/A
2014
$3.2M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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