5905 MerchantsFlorence, KY 41042
- Hospitality properties
- 1.97 AC
Off market
$6,534,000 Estimated
Property Details for 5905 Merchants
- Lot size
- 1.97 AC
- Property type
- Hospitality properties
- Property subtype
- Hotels
- APN
- 061.00-18-012.00
- APU
- 61001801200
Valuation
by PT Realty methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $14,362,521
- 6.5%
- $13,257,712
- 7%
- $12,310,733
-
Comparable approach
- Method
- Valuation
- Relative Method
- $24,989,648
- Geo Method
- $24,989,648
-
Alternative Use
- Use
- Valuation
- Residential
- $14,473,570
- Hospitality
- $13,257,712
- Educational
- $11,030,261
- Medical
- $11,409,608
- Retail
- $17,158,184
5905 Merchants, Florence, Kentucky
Location Insight
- City
- Florence
- County
- Boone
- State
- Kentucky
- Latitude
- 39.009
- Longitude
- -84.6529
- CBSA code
- 17140
- CBSA name
- CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
-
Assessed Improved Value$4,825,000
-
Assessed land value$575,000
-
Assessed value$5,400,000
-
Tax year2023
-
Tax bill$50,997
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property Visit Statistics
-
Visits by month21.2k
-
Visitors by month14.6k
-
Avg Time on site17 min
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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