8025 Action BlvdFlorence, KY 41042

Property Details for 8025 Action Blvd

Lot size

3.30 AC

Property type

Retail properties

Property subtype

Other automotive properties

APN

061.00-00-121.00

APU

61000012100

Description

This exceptional 8,709-square-foot retail space, located at 8025 Action Blvd in Florence, Kentucky, presents a unique opportunity for businesses seeking a high-profile location. Built in 1985, the single-tenant property is zoned C-3/PD/MR/CD and boasts a prime position in the Union submarket of Northern Kentucky. The property offers versatile layouts adaptable to a variety of retail or restaurant uses, providing ample space for operations and customer convenience. Ample parking is available, ensuring easy access for patrons. The building's high visibility from major thoroughfares guarantees excellent exposure for any business. Further enhancing its appeal is the potential for prominent pylon signage on Interstate 75, maximizing brand visibility and attracting a large customer base. The well-maintained facilities provide a professional and functional environment, ready for immediate occupancy. This property offers a blend of convenience, functionality, and a prime location, creating an ideal commercial setting for growth and success. The property's APN is 061.00-00-121.00. Located in the Northern Kentucky submarket cluster, this space offers easy access to major transportation routes and a thriving community.

• CAP approach

  CAP return

  Valuation

  6%

  $31,205,386

  6.5%

  $28,804,972

  7%

  $26,747,474

• Comparable approach

  Method

  Valuation

  Relative Method

  $44,987,200

  Geo Method

  $44,987,200

• Alternative Use

  Use

  Valuation

  Residential

  $24,298,072

  Hospitality

  $22,256,904

  Educational

  $18,517,482

  Medical

  $19,154,326

  Retail

  $28,804,972

Location Insight

City

Florence

County

Boone

State

Kentucky

Latitude

38.999

Longitude

-84.6485

CBSA code

17140

CBSA name

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

Property Tax & Assessments

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