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    Property profile & analytics

    8131 Us Hwy 42 Florence, KY 41042-9634

    • Medical offices
    • 5,776 SF
    OFF-MARKET
    Value Estimation
    $435,000
    Last Sale
    Mar 31, 2020
    Location Intelligence
    Property ID
    US34-0496911
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Medical offices

    Property Details for 8131 Us Hwy 42

    Year built
    1980
    Property size
    5,776 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    062.00-11-044.00
    APU
    62001104400

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Florence
    County
    Boone
    State
    Kentucky
    Longitude
    -84.6471
    Latitude
    38.9819
    CBSA code
    17140
    CBSA name
    CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,790
    $150,000
    $350,000
    $500,000
    -
    $150,000
    $350,000
    $500,000

    Comparable in this City

    • Value Estimation by Request

      7201 Dixie Hwy

      MEDICAL BUILDING
      7201 Dixie Hwy, Florence, KY 41042-2124
      View Details
    • Value Estimation
      $725,000
      1.27 Acres

      8437 Us Hwy 42

      MEDICAL BUILDING • 1.27 Acres
      8437 Us Hwy 42, Florence, KY 41042-9679
      View Details
    • Value Estimation
      $165,000

      6903 Burlington Pike

      MEDICAL BUILDING
      6903 Burlington Pike, Florence, KY 41042-1618
      View Details
    • Value Estimation
      $195,000

      6909 Burlington Pike

      MEDICAL BUILDING
      6909 Burlington Pike, Florence, KY 41042-1618
      View Details
    • Value Estimation by Request
      2.10 Acres

      7711 Ewing Blvd

      MEDICAL BUILDING • 2.10 Acres
      7711 Ewing Blvd, Florence, KY 41042-1814
      View Details
    • Value Estimation
      $440,000
      3,498 SF

      5001 Houston Rd

      MEDICAL BUILDING • 3,498 SF
      5001 Houston Rd, Florence, KY 41042-4852
      View Details

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    Similar Nearby for Lease

    • $11 SF/Yr
      52,349 SF

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      Adaptable 3240 sq ft space suitable for various businesses.
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    • Contact for pricing
      1,000 SF

      Prime Boone County Office Suite

      1,000 sq ft Office Space Available
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      View Details
    • $495 /Mo
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      Move-in Ready Office Space Available

      Highly visible office space with shared conference room in Florence.
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    • Contact for pricing
      217,647 SF

      Flexible Office Suites For Lease

      Office park with suites from 874 to 22,000+ sqft.
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      View Details
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    8131 Us Hwy 42
    Florence, KY 41042-9634
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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