7902 Tanners Gate LnFlorence, KY 41042

Property Details for 7902 Tanners Gate Ln

Year built

1982

Lot size

4.70 AC

Property size (Sq ft)

108,788 SF

Property type

Office buildings

APN

061.00-00-124.03

APU

61000012403

Description

This exceptional industrial warehouse property, located at 7902-7988 Tanners Gate Ln, Florence, KY 41042, offers a total of 4,783 square feet of space, currently entirely vacant and ready for immediate occupancy. The building is zoned C-2/PD/PO within Boone County and features a versatile layout suitable for multiple tenants. The warehouse boasts a ceiling height ranging from 10 to 12 feet, providing ample vertical space for storage and operations. Convenient loading and unloading is ensured with the presence of three loading docks and three drive-in doors. The property is equipped with 120/208V 3-phase power, catering to a variety of industrial needs. The address is 7902 Tanners Gate Ln, situated in Florence, Kentucky. While the listing indicates space availability from 2,000 to 20,000 square feet, the entire 4,783 square feet is currently available for lease. This presents a unique opportunity for businesses seeking a well-appointed industrial space in a prime location. Inquire today to learn more about this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $18,207,400

  6.5%

  $16,806,900

  7%

  $15,606,400

• Comparable approach

  Method

  Valuation

  Relative Method

  $13,510,400

  Geo Method

  $13,510,400

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $31,121,700

  Retail / Commercial

  $16,344,200

  Mixed-Use / Specialty

  $16,589,400

  Hospitality / Lodging

  $12,566,200

  Institutional / Educational

  $17,354,700

  Residential Income

  $20,305,000

  Multifamily

  $22,670,400

  Automotive / Energy

  $14,875,500

  Parking / Income-Based Land

  $4,833,530

  Restaurant / Food Service

  $9,275,890

  Healthcare / Senior Housing

  $16,700,900

Location Insight

City

Florence

County

Boone

State

Kentucky

Latitude

38.9945

Longitude

-84.644

CBSA code

17140

CBSA name

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

Property Tax & Assessments

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