3303 Dixie HwyErlanger, KY 41018

Property Details for 3303 Dixie Hwy

Year built

1980

Lot size

0.27 AC

Property size (Sq ft)

3,654 SF

Property type

Retail properties

Property subtype

Auto shops

APN

015-20-26-006.00

APU

15202600600

Description

This exceptional 10,500 square foot retail property, located at 3303-3305 Dixie Hwy in Erlanger, Kentucky (zip code 41018), presents a compelling investment opportunity. The property consists of two buildings: a 6,500 square foot building and a 4,000 square foot building, situated on a signalized corner lot. This prime location ensures high visibility and accessibility, making it ideal for retail businesses or vehicle-related services. The asking price is $625,000, translating to $59.52 per square foot. The property boasts ample parking, catering to both customers and employees. Its well-maintained condition and strategic placement within Erlanger's thriving commercial market make it a highly attractive investment prospect for entrepreneurs seeking a strong foothold in a busy area. The property's versatility allows for a wide range of uses, making it suitable for various business models. This is a rare opportunity to acquire a well-positioned, high-traffic retail space in a desirable Kentucky location.

• CAP approach

  CAP return

  Valuation

  6%

  $793,225

  6.5%

  $732,208

  7%

  $679,907

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,143,552

  Geo Method

  $1,143,552

• Alternative Use

  Use

  Valuation

  Residential

  $617,644

  Hospitality

  $565,759

  Educational

  $470,705

  Medical

  $486,893

  Retail

  $732,208

Location Insight

City

Erlanger

County

Kenton

State

Kentucky

Latitude

39.0177

Longitude

-84.5975

CBSA code

17140

CBSA name

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

Property Tax & Assessments

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