Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    7628 Dixie Hwy, Unit 3 Florence, KY 41042

    View on Map
    Sponsored
    For Lease
    $395 /Mo

    COMMERCIAL - Florence, KY

    Type:Office
    Days on Market:
    53
    Last Refresh:
    Mar 10 at 9:06 pm

    Property Features for 7628 Dixie Hwy

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Standard status
    Active
    APN
    061.25-24-024.00
    Parking features
    Parking Lot

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Electric (Heating)
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1952
    Floors in Building
    1
    Building materials
    Brick
    Roof type
    Shingle

    We can help!

    Listing Contact
    William D'Andrea

    Paragon Realty Partners (859) 414-6550

    Listing agent William D'Andrea (513) 515-2116 License #181907

    Listing date Jan 16, 2026

    MLS# 635205

    Copyright © 2026 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.

    Learn more

    Property Insight Report

    Overview

    Move-in Ready Office Space

    This office space is located in Florence, Kentucky. The property is move-in ready and highly visible. It offers a shared conference room. This property is suitable for businesses needing a physical location with a mailing address.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Your Dream Home ... Real Estate Agency Kevin Goff Realty Real Estate Agency Greg Eubank, Paragon ... Real Estate Agency Kyle Art, Paragon ... Real Estate Agency Melissa Housley, Paragon ... Real Estate Agency

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Florence
    County
    Boone
    State
    Kentucky
    Longitude
    -84.623845
    Latitude
    38.991074

    Nearby Similar for Lease

    • New
      $5,000 /Mo
      43,560 SF

      Turn-key Restaurant with Drive-Thru

      Equipped restaurant space with drive-thru in high-traffic area.
      321 Mount Zion Rd, Florence, KY 41042
      View Details
    • $1,300 /Mo
      950 SF

      Updated Office Space in Florence

      First-floor office unit with flexible layout and recent updates.
      6900 Houston Rd, Florence, KY 41042
      View Details
    • $1,395 /Mo
      Pending

      Office Space in Florence, KY

      950 SF office suite with kitchenette and waiting area.
      6900 Houston Rd, Florence, KY 41042
      View Details
    • $495 /Mo
      13,068 SF

      Move-in Ready Office Space Available

      Highly visible office space with shared conference room in Florence.
      7628 Dixie Hwy, Florence, KY 41042
      View Details
    • $495 /Mo

      Move-in Ready Office Space

      Highly visible office space with shared conference room in Florence.
      7628 Dixie Hwy, Florence, KY 41042
      View Details
    • $4,200 /Mo
      3,240 SF

      Versatile Commercial Space in Florence

      Adaptable 3240 sq ft space suitable for various businesses.
      10020 Demia Way, Florence, KY 41042
      View Details
    • $15 SF/Yr
      79,279 SF

      Class A Office Space

      Professional office space available for immediate occupancy in Florence, KY.
      59 Cavalier Blvd, Florence, KY 41042
      View Details
    • $1,550 /Mo
      82,764 SF

      Renovated Office Suites Available

      Small office suites for rent with utilities included.
      7505 Sussex Dr, Florence, KY 41042
      View Details
    • $1,325 /Mo
      82,764 SF

      Renovated Office Suites Available

      Small office suites for rent with utilities included.
      7505 Sussex Dr, Florence, KY 41042
      View Details
    • $1,550 /Mo
      82,764 SF

      Renovated Office Suites Available

      Small office suites for rent with utilities included.
      7505 Sussex Dr, Florence, KY 41042
      View Details
    • $1,500 /Mo
      82,764 SF

      Renovated Office Suites in Florence

      Small office suites available for rent with utilities included.
      7505 Sussex Dr, Florence, KY 41042
      View Details
    • $2,300 /Mo
      82,764 SF

      Renovated Office Suites in Florence

      Small office suites available for rent with utilities included.
      7505 Sussex Dr, Florence, KY 41042
      View Details

    FAQs

    What type of property is this?
    Office units - Highly visible office space with shared conference room in Florence.
    Where is this office units located?
    The property is located at 7628 Dixie Hwy, Unit 3 Florence, KY.
    What is the lease rate?
    The lease rate is $395 /Mo.
    What are key features of this property?
    This property features: - Move-in-ready office space.; - Highly visible location.; - Brick construction.
    (513) 404-1714
    Request Owner's contact information
    7628 Dixie Hwy, Unit 3 Florence, KY 41042
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7628 Dixie Hwy, Unit 3
    Florence, KY 41042
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    7628 Dixie Hwy, Unit 3 Florence, KY 41042
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    William D'Andrea
    Real Estate License ID: 181907
    (513) 404-1714 (513) 515-2116 (859) 240-7692
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!