Retail Storefront
For Sale
$1,754,143
3912 Dixie Hwy, Erlanger, KY 41018
For-sale retail storefront property located on Dixie Hwy in Erlanger, KY.
Property Size9,180 SF
Days on Market91
Property Features for 3912 Dixie Hwy
General Information
Standard status
Active
Size
9,180 SF
Property subtype
Commercial
Lease Term
± 3 Years
Net Operating Income
$148,225
Building Details
Building Size
9,180 SF
Year Built
2014
Listed By:
Nathan Fitzgibbons · License #02244861 (CA)
(858) 351-3544
Source:
Matthews
Added: Jul 18
Changed: Oct 13
Last Checked: Oct 16 at 5:42AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Nathan Fitzgibbons
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Investment Insights
Based on property information with market context.
This for-sale retail storefront property offers commercial space suitable for retail-focused operations. The listing is categorized as retail properties and spaces, with storefront-type frontage intended for customer-facing use.
The property is located at 3912 Dixie Hwy in Erlanger, KY 41018. The address provides direct access along a principal roadway, supporting straightforward visibility and drive-by recognition for retail users.
Additional details about the building size, layout, condition, or site improvements are not provided in the available information.
The property is located at 3912 Dixie Hwy in Erlanger, KY 41018. The address provides direct access along a principal roadway, supporting straightforward visibility and drive-by recognition for retail users.
Additional details about the building size, layout, condition, or site improvements are not provided in the available information.
Key Highlights
- Retail storefront property built in 2014
- For‑sale retail storefront on Dixie Hwy in Erlanger, KY
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$99,516
Cap Rate
5.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,990,320
$2.0M
Cap Rate 7%
$1,421,657
$1.4M
Cap Rate 9%
$1,105,733
$1.1M
Market Conditions
NOI Build-Up for 9,180 SF
Gross rent
$150.9K $16.44/SF
− Vacancy
−$8.8K −$0.95/SF
EGI
$142.2K $15.49/SF
− OpEx
−$42.6K −$4.65/SF
NOI
$99.5K $10.84/SF
Area
Kenton County, KY
Vacancy
5.80%
Lease Rate
$16.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,990,320
Cap Rate 7%
$1,421,657
Cap Rate 9%
$1,105,733
Alternative Uses
Best Use
Retail
$1.42M
$1.24M – $1.66M
NOI $99,516 @ 7.0% cap · market cap 5.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.37M
$2.07M – $2.76M
NOI $165,892 @ 7.0% cap · market cap 9.46%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
493
Businesses Nearby
4k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 90%
Dining 10%
AutoZone
Shops & Services
3,235 visits/mo
0.4 miles
Frisch's Big Boy
Dining
364 visits/mo
0.4 miles
Demographics for 41018, KY
29,305
Population
11,926
Households
2.5
Avg Household Size
36
Median Age
28%
College-Educated
91%
High-School Grad
11.6 sq mi
ZIP Area
2,526
Density / Sq Mi
$70,267
Median Household Income
$40,537
Median Earnings
$1,044
Median Rent
$173,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - For-sale retail storefront property located on Dixie Hwy in Erlanger, KY.
Where is this retail space located?
The property is located at 3912 Dixie Hwy Erlanger, KY.
What is the asking price?
The asking price for this property is $1,754,143.
What are key features of this property?
This property features: Retail storefront property built in 2014; For‑sale retail storefront on Dixie Hwy in Erlanger, KY
