Financial
Distress signals
Property profile

7625 Empire Dr Florence, KY 41042

FOR LEASE
Warehouses
Property ID
US34-0502148
341,388 SF 21.76 ac lot Built 1967
Last sale Jul 2022 · $18,030,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$190k
Tax billed · 2024
Assessed value$18.03M
Assessed land$3.50M
Assessed improvement$14.53M
Effective rate1.05%

Value estimate

· Sep 2026
$15.39M
$13.85M – $16.93M
AI approach$10.24M
Submarket $/SF estimate$10.80M
NOI build-up
Gross scheduled income$1.95M
Vacancy & credit loss−$125k
Operating expenses−$273k
NOI · 28,143,981.82% cap applied$1.55M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$126/SF
County average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$79 – $200

Cap rate analysis

How does the asset earn?
28,143,981.82%
$1.55M 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 agency24.6
Law Firm20.2
Restaurant15.7

Location

7625 Empire Dr Florence, KY 41042
County assessor Recorded deeds · 2 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7109 Industrial, Florence, KY 41042 $12,238,559 Apr 2024 158,800 SF
7765 Foundation, Florence, KY 41042-3052 $2,455,664 Apr 2024 24,000 SF
7455 Empire, Florence, KY 41042-2923 $6,730,000 Apr 2022 174,970 SF
7435 Empire, Florence, KY 41042-2923 $2,852,500 Mar 2022 60,960 SF
7950 Dixie, Florence, KY 41042-2737 $10,600,000 Oct 2020 343,352 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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