4758 Crowe RdIndependence, KY 41051

Property Details for 4758 Crowe Rd

Year built

1968

Lot size

2.72 AC

Property size (Sq ft)

1,416 SF

Property type

Auto shops

APN

031-40-00-011.00

APU

31400001100

Description

This exceptional mixed-use property, located at 4758 Crowe Road in Independence, Kentucky, presents a fantastic opportunity for a variety of businesses. The property sits on a generous 2.72-acre lot and features a substantial 30x40 foot shop. The shop boasts durable metal construction for both the interior and exterior, ensuring longevity and low maintenance. Access is convenient via a 12-foot drive-in door, perfect for larger equipment and vehicles. Inside, you'll find a dedicated private office and bathroom, providing a comfortable and professional workspace separate from the main shop area. Ample parking is available on-site, accommodating clients and employees with ease. The property is ideally suited for small contractors, including plumbers, electricians, landscapers, and similar businesses requiring both shop space and office functionality. All existing equipment within the shop is negotiable as part of the sale, offering flexibility for the new owner. Priced at $325,000, this property represents an excellent value in a desirable location. The size of the building is not specified in the provided information. Don't miss this chance to acquire a versatile and well-equipped commercial space.

• CAP approach

  CAP return

  Valuation

  6%

  $204,354

  6.5%

  $188,634

  7%

  $175,160

• Comparable approach

  Method

  Valuation

  Relative Method

  $443,150

  Geo Method

  $443,150

• Alternative Use

  Use

  Valuation

  Residential

  $159,120

  Hospitality

  $145,753

  Educational

  $121,265

  Medical

  $125,435

  Retail

  $188,634

Location Insight

City

Independence

County

Kenton

State

Kentucky

Latitude

38.974

Longitude

-84.5462

CBSA code

17140

CBSA name

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

Property Tax & Assessments

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