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349 Bogle St 9,000 SF 100% Leased Office Building Somerset, KY 42503 $1,549,000 ($172.11/SF) 8.50% Cap Rate
Investment Highlights
- Fully Occupied with Long-Term Tenants
- Built in 1970, completely renovated in 2019
Executive Summary
Two-tenant medical office available for sale.
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
9,000 SF
Building Class
B
Year Built/Renovated
1970/2019
Price
$1,549,000
Price Per SF
$172.11
Cap Rate
8.50%
NOI
$131,709
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
9,000 SF
Building FAR
0.22
Lot Size
0.92 AC
Parking
62 Spaces (6.89 Spaces per 1,000 SF Leased)
1 1
Property Taxes
| Parcel Number | 061-2-1-49 | Improvements Assessment | $0 (2025) |
| Land Assessment | $750,000 (2025) | Total Assessment | $750,000 (2025) |
Property Taxes
Parcel Number
061-2-1-49
Land Assessment
$750,000 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$750,000 (2025)
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
The Clark Companies
349 Bogle St
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