7525 Industrial RdFlorence, KY 41042

  • Office properties
  • 13,300 SF
For Lease
$111.24/SF/YR View listing

Property Details for 7525 Industrial Rd

Year built
1988
Construction
TYPE NOT SPECIFIED
Lot size
1.60 AC
Property size (Sq ft)
13,300 SF
Property type
Office properties
Property subtype
Office buildings
APN
073.00-00-010.00
APU
73000001000

Description

This exceptional property at 7525 Industrial Road offers a unique opportunity for businesses seeking flexible and adaptable space. The site features multiple units currently available, providing options to suit various needs. One unit comprises 927 square feet, ideal for smaller operations or startups. Alternatively, two larger units are available, each measuring 1,732 square feet and including two garage spaces. For businesses requiring even more space, the possibility exists to combine both larger units for a total of 3,896 square feet. This combined space offers significant potential for expansion and growth. The property's classification as Retail, Industrial, and Special Purpose reflects its versatility and suitability for a wide range of commercial uses. The total vacant space across all available units is 1,700 square feet. This prime location presents a compelling opportunity for businesses seeking a functional and adaptable workspace with ample parking. The property's flexible layout and multiple unit options provide a unique advantage in the current market, allowing for customized solutions to meet specific business requirements. Inquire today to explore the possibilities and secure your ideal space at 7525 Industrial Road.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,964,093
    6.5%
    $1,813,009
    7%
    $1,683,508
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,651,727
    Geo Method
    $1,651,727
  • Alternative Use

    Use
    Valuation
    Residential
    $2,248,131
    Hospitality
    $2,059,276
    Educational
    $1,713,294
    Medical
    $1,772,216
    Retail
    $2,665,123
7525 Industrial Rd, Florence, Kentucky

Location Insight

City
Florence
County
Boone
State
Kentucky
Latitude
38.9835
Longitude
-84.635
CBSA code
17140
CBSA name
CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,619
$170,000
$280,000
$450,000
-
$170,000
$280,000
$450,000

FAQs

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