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Florence Executive Boat & RV Storage
8435 Dixie Hwy, Florence, Kentucky 41042
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Property Info
Price: $
Units: 298
Year Built: 2022-2024
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Download Marketing Package
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Broker Contact Info
Gabriel Coe
614.360.9041
Gabriel.Coe@marcusmillichap.com
Opportunity
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Investment
Map
Cincinnati, Ohio MSA Recently Built Boat & RV Storage Offering
POPULATION
In 2025, the population in your selected geography is 141,092. The population has changed by 13.74 percent since 2010. It is estimated that the population in your area will be 143,770 five years from now, which represents a change of 1.9 percent from the current year. The current population is 49.6 percent male and 50.4 percent female. The median age of the population in your area is 38.0, compared with the U.S. average, which is 40.0. The population density in your area is 1,794 people per square mile.
HOUSEHOLDS
There are currently 54,465 households in your selected geography. The number of households has changed by 18.11 percent since 2010. It is estimated that the number of households in your area will be 55,815 five years from now, which represents a change of 2.5 percent from the current year. The average household size in your area is 2.6 people.
INCOME
In 2025, the median household income for your selected geography is $92,578, compared with the U.S. average, which is currently $78,171. The median household income for your area has changed by 49.07 percent since 2010. It is estimated that the median household income in your area will be $103,477 five years from now, which represents a change of 11.8 percent from the current year.
The current year per capita income in your area is $41,507, compared with the U.S. average, which is $41,680. The current year’s average household income in your area is $109,647, compared with the U.S. average, which is $103,571.
EMPLOYMENT
The current year per capita income in your area is $41,507, compared with the U.S. average, which is $41,680. The current year’s average household income in your area is $109,647, compared with the U.S. average, which is $103,571.
HOUSING
The median housing value in your area was $261,044 in 2025, compared with the U.S. median of $333,538. In 2010, there were 33,928.00 owner-occupied housing units and 12,186.00 renter-occupied housing units in your area.
EDUCATION
The selected area in 2025 had a lower level of educational attainment when compared with the U.S averages. 35.0 percent of the selected area’s residents had earned a graduate degree compared with the national average of only 13.7 percent, and 8.8 percent completed a bachelor’s degree, compared with the national average of 21.2 percent.
The number of area residents with an associate degree was higher than the nation’s at 13.1 percent vs. 8.8 percent, respectively.
The area had fewer high-school graduates, 1.4 percent vs. 26.1 percent for the nation, but the percentage of residents who completed some college is higher than the average for the nation, at 35.8 percent in the selected area compared with the 19.6 percent in the U.S.
• Cincinnati, Ohio MSA Recently Built Boat & RV Storage Offering
• Located Approximately 11 Miles Southwest of Downtown Cincinnati in the Growing and Affluent City of Florence, Kentucky
• 102,800 Net Rentable Square Feet
• 298 Total Units – 121 Fully Enclosed Boat & RV Parking Units, 65 Canopy Covered Parking Spaces, 111 Uncovered Outdoor Parking Spaces, One Office Unit (With Tenant), One Apartment, and a Class-A Large Management Office (not included in underwriting)
• Excellent Visibility Along Dixie Highway (US-25) (~15,700 Vehicles/Day)
• Easily Accessible from I-75/I-71 – About One Mile from On/Off Ramps
• Significant Operational Upside Through Rent Stabilization – Current Rental Rates are Approximately 40% Below Market After Rapid Lease-Up to 90-100% Occupancy Driven by Heavy Discounting, with no Rent Increases on Existing Tenants
• Expansion Opportunity: Room and Original Plans for Roughly 66,000 Square Feet of Additional Fully Enclosed Units
• Densely Populated Area: Currently 58,816 People Living Within Three Miles of the Facility and 141,092 People Living Within Five Miles
• Growing Surrounding Population: Population Within a Five-Mile Radius has Grown by 13.74% Since 2010 with Projections for Continued Growth
• Affluent Surrounding Population Base: Average Household Income of $109,647 Within a Five-Mile Radius
