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    4501 Dixie Hwy Covington, KY 41018

    New
    Pending
    For Sale
    $500,000

    SINGLE_FAMILY - Elsmere, KY

    Type:Retail
    Lot size:
    0.81 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 5 at 12:06 am

    Property Features for 4501 Dixie Hwy

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Pending
    Rooms
    Basement
    APN
    004-30-04-002.00
    Parking
    19
    Parking features
    Parking Lot
    Exterior features
    Lighting, Curbs, Sidewalks
    Basement
    Full
    Lot size
    0.81 Acres

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1960
    Floors in Building
    1
    Building materials
    Brick

    Copperwood Realty Group LLC (859) 512-2969

    Listing agent Brian Davis (859) 331-2333 License #266565

    Listing date Dec 3, 2025

    Copyright © 2025 Northern Kentucky MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Elsmere Commercial Property For Sale

    This 2,074 SF property, situated on approximately 0.811 acres, presents a prime investment opportunity in Elsmere, KY. Formerly a bank building and police station, the property includes a full basement and a large parking lot. The property has potential for conversion into office or retail space and features a drive-thru. It is strategically located on a major commercial corridor at a signalized corner, with close proximity to I-75 and I-275.
    Property Profile Location Intelligence

    Current Use by Public Records

    Banks

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Covington
    County
    Kenton
    State
    Kentucky
    Longitude
    -84.61429
    Latitude
    39.006135

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    FAQs

    What type of property is this?
    Bank - Versatile 2,074 SF property on 0.81 acres in Elsmere, KY.
    Where is this bank located?
    The property is located at 4501 Dixie Hwy Covington, KY.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: - Prime location on a major commercial corridor at a signalized corner, near I-75 & I-275.; - Versatile 2,074 SF building suitable for office or retail conversion.; - Large parking lot and drive-thru offer significant business potential.
    (859) 331-2333
    Request Owner's contact information
    4501 Dixie Hwy Covington, KY 41018
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4501 Dixie Hwy Covington, KY 41018
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