434 Scott StCovington, KY 41011

Property Details for 434 Scott St

Lot size

0.13 AC

Property size (Sq ft)

6,580 SF

Property type

Retail space

APN

054-23-11-021.00

APU

54231102100

Description

This exceptional 1,980-square-foot executive office suite is ideally situated at 434 Scott Street in Covington, Kentucky, within Kenton County. The entire space is currently vacant and available for immediate occupancy. The property is classified as a multi-tenant office building, offering a versatile layout perfect for a variety of businesses. Located on the second floor, this suite provides ample space for a growing company or a team requiring a substantial workspace. A significant advantage is access to a rooftop terrace, offering a unique amenity for employees and clients alike. The asking rate is $16.50 per square foot on a modified gross lease basis. The property's address is 434 Scott Street, Covington, KY 41011. With its convenient location and desirable features, this executive office suite presents a compelling opportunity for businesses seeking a high-quality workspace in a vibrant Kentucky city. The property's zip code is 41011. The total building square footage is 1,980 square feet, all of which is currently vacant.

• CAP approach

  CAP return

  Valuation

  6%

  $832,418

  6.5%

  $768,386

  7%

  $713,501

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,059,269

  Geo Method

  $2,059,269

• Alternative Use

  Use

  Valuation

  Residential

  $648,162

  Hospitality

  $593,713

  Educational

  $493,962

  Medical

  $510,951

  Retail

  $768,386

Location Insight

City

Covington

County

Kenton

State

Kentucky

Latitude

39.0864

Longitude

-84.5089

CBSA code

17140

CBSA name

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

Property Tax & Assessments

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