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    6890 Dixie Hwy Florence, KY 41042

    Sponsored
    For Sale
    $559,000

    Prime Retail Space, High Traffic Area

    Property size:
    3,034 SF

    Description

    Added:
    Feb 13, 2025
    Days on Market:
    327
    This exceptional 3,034 square foot former bank building presents a unique investment opportunity in Florence, Kentucky. Situated on a 0.612-acre lot with ample parking, the property offers significant potential for conversion to office space or continued use as retail. Its location on Dixie Highway, a bustling retail corridor in Northern Kentucky, ensures high visibility and substantial daily traffic. The property benefits from its proximity to the Florence Mall and excellent access to I-71, providing convenient access to both local and regional markets. Furthermore, its location just south of Cincinnati International Airport (CVG) adds to its strategic appeal. The building is zoned for commercial use and is surrounded by strong demographics, making it an ideal location for a variety of businesses. This property offers a rare chance to acquire a well-positioned building in a thriving commercial area with the potential for significant return on investment. The substantial parking lot provides ample space for customers and employees. The convenient access to I-71 and proximity to downtown Cincinnati further enhance its desirability. This is a turnkey opportunity to capitalize on the robust retail environment and strong demographics of Northern Kentucky.

    Property Features for 6890 Dixie Hwy

    General Information

    Property type
    Individual retail properties
    Square Feet
    3,034 SF
    Lot Size
    26,659 SF

    HighLights

    • $559,000 asking price for this 3,034 SF retail property.
    • Former bank building with ample parking, easily adaptable to office or retail use.
    • Excellent location just south of Cincinnati/Northern Kentucky International Airport (CVG).
    • Situated on Dixie Highway, a major Northern Kentucky retail corridor, near Florence Mall.
    • Offers convenient access to I‑71 and proximity to downtown Cincinnati, boasting strong demographics and high traffic counts.
    Property Profile Location Intelligence

    Current Use by Public Records

    Kentucky Federal, a division ... Mortgage Lender Kentucky Federal Bank LCNB National Bank Bank

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Florence
    County
    Boone
    State
    Kentucky
    Longitude
    -84.6230132
    Latitude
    39.0024777

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    FAQs

    What type of property is this?
    Individual retail property - Prime Retail Space, High Traffic Area
    Where is this individual retail property located?
    The property is located at 6890 Dixie Hwy Florence, KY.
    What is the asking price?
    The asking price for this property is $559,000.
    What are key features of this property?
    This property features: $559,000 asking price for this 3,034 SF retail property.; Former bank building with ample parking, easily adaptable to office or retail use.; Excellent location just south of Cincinnati/Northern Kentucky International Airport (CVG).
    Request Owner's contact information
    6890 Dixie Hwy Florence, KY 41042
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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
    6890 Dixie Hwy Florence, KY 41042
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