6805 Houston RdFlorence, KY 41042

Property Details for 6805 Houston Rd

Year built

2013

Construction

TYPE NOT SPECIFIED

Lot size

3.00 AC

Property size (Sq ft)

18,232 SF

Property type

Retail properties

Property subtype

Outlet malls

APN

061.00-37-002.00

APU

61003700200

Description

This exceptional retail opportunity is located at 6805 Houston Rd, Florence, KY 41042, within the bustling Houston Shoppes neighborhood center in Boone County. The property offers a rare 2,405 square foot single-tenant space, boasting high visibility and excellent access for customers. Its in-line location within the center ensures strong foot traffic and exposure to a dense retail market. The property benefits from multiple points of ingress and egress, enhancing convenience for both customers and employees. Overhead signage opportunities are available, providing further visibility and branding potential. The surrounding tenancy is comprised of strong, creditworthy businesses, creating a desirable and stable retail environment. Daily traffic counts in the area exceed 22,000 vehicles, indicating a significant potential customer base. This property presents a unique chance to establish or expand a retail presence in a thriving Kentucky market. The property type is classified as Retail, Subtype: Neighborhood Center, and Tenancy: Single.

• CAP approach

  CAP return

  Valuation

  6%

  $3,957,875

  6.5%

  $3,653,423

  7%

  $3,392,464

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,705,865

  Geo Method

  $5,705,865

• Alternative Use

  Use

  Valuation

  Residential

  $3,081,799

  Hospitality

  $2,822,911

  Educational

  $2,348,629

  Medical

  $2,429,402

  Retail

  $3,653,423

Location Insight

City

Florence

County

Boone

State

Kentucky

Latitude

39.0113

Longitude

-84.6472

CBSA code

17140

CBSA name

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

Property Tax & Assessments

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