7808 Foundation Dr Florence, KY 41042
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.
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Triple Crown Storage Condos Storage Facility
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.