Property profile

8761 Us Hwy 42 Florence, KY 41042

OFF-MARKET
Community centers
Property ID
US34-0622710
15,724 SF 1.76 ac lot Built 2004
Entity Owned 21-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property consists of multiple parcels of commercial land designed for a planned development and includes infrastructure for development pads. The site provides access from US-42 with multiple points of signalized entry, supporting high-visibility access along the corridor. The development includes two new multi-tenant commercial buildings, each configured to accommodate multiple drive-thru lanes/locations, with pre-leasing space available within the buildings. The delivered pads are provided with constructed infrastructure and include master detention for stormwater management.

Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 2004
Total area 15,724 SF
Lot 1.76 ac (76,840 SF)
APN 062.00-08-004.04
UPID US34-0622710

Cap rate & NOI

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

Location

8761 Us Hwy 42 Florence, KY 41042
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.78M

Owner & transaction history

since 2005
2 recorded transactions
2023
Price N/A
2005
Price N/A

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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