439 Dell StElsmere, KY 41018

Property Details for 439 Dell St

Lot size

0.39 AC

Property type

Parking lots & garages

APN

004-30-21-049.00

APU

4302104900

Description

This exceptional investment opportunity presents a portfolio of three contiguous parcels totaling 1.44 acres of flex industrial land in Elsmere, Kentucky. Ideally situated in an established industrial area, this property offers significant potential for various development projects. The land is conveniently located on a cul-de-sac lot at 439 Dell St, Elsmere, KY 41018, providing excellent accessibility and reduced through-traffic. All utilities are readily available on-site, simplifying the development process and minimizing upfront infrastructure costs. The combined parcels, with APNs 004-30-21-060.01, 004-30-21-088.05, and 004-30-21-049.00, are zoned for flex industrial use, offering flexibility for a wide range of commercial applications. This turnkey property is priced competitively at $250,000, representing a compelling value proposition for investors seeking a strategic foothold in a thriving Kentucky industrial market. The quiet cul-de-sac location adds to the appeal, offering a peaceful yet accessible setting for business operations. Don't miss this chance to acquire a well-positioned industrial land portfolio with immediate development potential.

• CAP approach

  CAP return

  Valuation

  6%

  $2,746,550

  6.5%

  $2,535,280

  7%

  $2,354,190

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,179,530

  Geo Method

  $2,179,530

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $4,827,550

  Mixed-Use / Specialty

  $2,573,310

  Hospitality / Lodging

  $1,949,240

  Office

  $2,607,050

  Institutional / Educational

  $2,692,030

  Residential Income

  $3,149,680

  Multifamily

  $3,516,590

  Automotive / Energy

  $2,307,450

  Parking / Income-Based Land

  $749,768

  Restaurant / Food Service

  $1,438,860

  Healthcare / Senior Housing

  $2,590,610

Location Insight

City

Erlanger

County

Kenton

State

Kentucky

Latitude

39.0091

Longitude

-84.604

CBSA code

17140

CBSA name

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

Property Tax & Assessments

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