545 Centre View BlvdCrestview Hills, KY 41017

Property Details for 545 Centre View Blvd

Year built

2007

Lot size

0.03 AC

Property size (Sq ft)

1,225 SF

Property type

Office properties

APN

829-10-00-545.00

APU

829100054500

Description

This exceptional 2,500 square foot office building, located at 545 Centre View Blvd in Crestview Hills, Kentucky, presents a fantastic investment opportunity. Priced at $489,000 ($195.60/sq ft), this Class B property offers a flexible layout ideal for various professional uses, including medical and traditional office settings. The building is situated within an established office park, providing a convenient and professional environment. The property features a multi-tenant configuration and is zoned for office use. The lease type is NNN. The interior boasts two well-appointed conference rooms and numerous individual office spaces, providing ample room for a growing business or a multi-practitioner medical facility. Its central Crestview Hills location in Kenton County, KY, zip code 41017, ensures easy access to major transportation routes and amenities. This turnkey property is ready for immediate occupancy and offers a strong return on investment. Don't miss this chance to acquire a well-located, versatile office space in a thriving Kentucky community. The property is available for sale.

• CAP approach

  CAP return

  Valuation

  6%

  $135,785

  6.5%

  $125,340

  7%

  $116,387

• Comparable approach

  Method

  Valuation

  Relative Method

  $152,133

  Geo Method

  $152,133

• Alternative Use

  Use

  Valuation

  Residential

  $155,422

  Hospitality

  $142,366

  Educational

  $118,447

  Medical

  $122,520

  Retail

  $184,250

Location Insight

City

Crestview Hills

County

Kenton

State

Kentucky

Latitude

39.0239

Longitude

-84.5586

CBSA code

17140

CBSA name

CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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