3307 Dixie HwyErlanger, KY 41018

Property Details for 3307 Dixie Hwy

Year built

1980

Lot size

0.20 AC

Property size (Sq ft)

1,396 SF

Property type

Office buildings

APN

015-20-26-004.00

APU

15202600400

Description

This exceptional Erlanger, Kentucky office building presents a compelling investment opportunity. The 1,396 square foot building, classified as Class B, sits on an 8,693 square foot lot (APN: 015-20-26-004.00) and is priced at $275,000 ($196.99 per square foot). Its traditional office design offers versatile space suitable for a variety of office uses, with potential for modern updates and customization to meet specific business needs. The property enjoys a prime location in Erlanger, providing convenient access to major transportation routes and essential amenities. Ample parking is available for employees and visitors. This established presence in the Erlanger market offers a strategic investment opportunity for those seeking a new headquarters or a strong addition to their portfolio. The property's location in Kenton County, Kentucky, zip code 41018, ensures easy access to the thriving Erlanger business community. This is a rare opportunity to acquire a well-situated office building in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $206,156

  6.5%

  $190,298

  7%

  $176,705

• Comparable approach

  Method

  Valuation

  Relative Method

  $173,369

  Geo Method

  $173,369

• Alternative Use

  Use

  Valuation

  Residential

  $235,969

  Hospitality

  $216,147

  Educational

  $179,831

  Medical

  $186,016

  Retail

  $279,738

Location Insight

City

Erlanger

County

Kenton

State

Kentucky

Latitude

39.0175

Longitude

-84.5978

CBSA code

17140

CBSA name

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

Property Tax & Assessments

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