7808 Foundation Dr Florence, KY 41042
- Warehouses
Current Use by Public Records
- Triple Crown Storage Condos / Storage Facility
Property Details for 7808 Foundation Dr
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 817-10-01-206.00
- APU
- 817100120600
Description
This exceptional 900-square-foot mixed-use property in Florence, Kentucky, presents a unique investment opportunity. Classified as Class A, this flex space boasts 16-foot ceilings and a 14-foot door, ideal for storing large items like boats, RVs, or luxury vehicles. The unit also includes a loft, hot and cold running water, and a lift, all remaining with the property. Previous owners have completed significant improvements, including sealed floors, drywall, and insulation. Located on a 5.25-acre lot at 7808 Foundation Dr, #206, Florence, KY 41042 (APN: 017-10-00-014.18), this property is part of Northern Kentucky's first such development. A low monthly HOA fee of $55 covers structural insurance, heating, maintenance, water, a secure gated entrance, LED lighting, and Wi-Fi. This is a chance to own your own storage solution and potentially operate a small business, eliminating rising rental costs. The property is ready for immediate customization and use.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $100,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $120,000
- 6.5%
- $140,000
- 7%
- $120,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $125,000
- Geo Method
- $145,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $130,000
- Retail
- $110,000
- Mixed-Use
- $115,000
- Hospitality
- $130,000
- Educational
- $140,000
- Residential Income
- $140,000
- Energy
- $115,000
- Income-Based Land
- $105,000
- Food Service
- $100,000
Location Insight
- Map
- Local Demand
- City
- Florence
- County
- Kenton
- State
- Kentucky
- Longitude
- -84.5981
- Latitude
- 38.9835
- CBSA code
- 17140
- CBSA name
- CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA
