12300 Towne Center DrWalton, KY 41094

Property Details for 12300 Towne Center Dr

Year built

2007

Construction

TYPE NOT SPECIFIED

Lot size

7.10 AC

Property size (Sq ft)

67,973 SF

Property type

Outlet malls

APN

078.00-16-017.00

APU

78001601700

Description

This exceptional 0.7-acre commercial pad site presents a unique investment opportunity in Walton, Kentucky. Located at 12300 Towne Center Dr, this single-tenant property is ideally suited for retail development. The property boasts a prime location within a thriving commercial area, ensuring high visibility and accessibility for potential tenants. The site's size offers ample space for construction, allowing for flexibility in design and functionality. Situated in Boone County, KY, zip code 41094, this property benefits from a strong local economy and a growing population. The address is easily accessible from major roadways, providing convenient access for customers and employees. This is a rare opportunity to acquire a highly desirable retail pad site in a rapidly developing area. The property is currently available for lease, offering significant potential for long-term income generation. Detailed site plans and specifications are available upon request. This property is classified as retail, with a single-tenant occupancy. The total building square footage is currently listed as 1 square foot, indicating the land is available for new construction. This presents a blank canvas for a developer to create a tailored retail space to meet specific needs. Don't miss this chance to secure a prime location in a burgeoning market.

• CAP approach

  CAP return

  Valuation

  6%

  $14,755,849

  6.5%

  $13,620,783

  7%

  $12,647,870

• Comparable approach

  Method

  Valuation

  Relative Method

  $21,272,748

  Geo Method

  $21,272,748

• Alternative Use

  Use

  Valuation

  Residential

  $11,489,640

  Hospitality

  $10,524,449

  Educational

  $8,756,218

  Medical

  $9,057,358

  Retail

  $13,620,783

Location Insight

City

Walton

County

Boone

State

Kentucky

Latitude

38.8557

Longitude

-84.6131

CBSA code

17140

CBSA name

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

Property Tax & Assessments

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