16 Martha Layne Collins BlvdCold Spring, KY 41076

  • Other commercial real estate
  • 46,850 SF
For Lease
$17/SF/YR View listing

Property Details for 16 Martha Layne Collins Blvd

Year built
1987
Lot size
5.30 AC
Property size (Sq ft)
46,850 SF
Property type
Other commercial real estate
APN
999-99-32-238.00
APU
999993223800

Description

County Square, located at 16 Martha Layne Collins Blvd in Cold Spring, Kentucky, presents a prime retail or restaurant opportunity. This single-story, 46,616 square foot strip center boasts 18 suites and is situated in a high-traffic area with excellent visibility. The property features a newly renovated (2022) building with ample on-site parking and a dedicated traffic light, ensuring convenient access for customers. Currently, 2,100 square feet of space is immediately available, with a minimum divisible space of 2,100 square feet and a maximum contiguous space of 2,100 square feet. The center is conveniently located near Northern Kentucky University (NKU) campus, just 2 minutes away, providing access to a large student population and surrounding community. The property benefits from a triple net lease structure and is anchored by a newly remodeled Kroger grocery store, driving significant foot traffic. The building is served by 3-phase power and is zoned for commercial use within Campbell County (zip code 41076). The property is conveniently located near US 27. This is an exceptional opportunity for businesses seeking a well-located, modern retail space in a thriving community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,933,050
    Hospitality
    $4,518,648
    Educational
    $3,759,462
    Medical
    $3,888,756
    Retail
    $5,848,052
16 Martha Layne Collins Blvd, Cold Spring, Kentucky

Location Insight

City
Cold Spring
County
Campbell
State
Kentucky
Latitude
39.027
Longitude
-84.4518
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
$55,800
$1,200,000
$3,450,000
$4,650,000
-
$1,200,000
$3,450,000
$4,650,000

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