Mixed-Use Building with
4136 Dixie Hwy, Erlanger, KY 41018
For Sale
New
$699,000
The property combines a hair salon with a separate residential unit and includes the salon’s furnishings, fixtures, and equipment.
Property Size4,598 SF
Price / SF$152.02
Days on Market2
Property Features for 4136 Dixie Hwy
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Corner Location
Mixed-Use Components
Additional Details
Currently Operating
Building Details
Building Size
Buildings
Listing Agency:
KW Commercial
Listed By:
T.J. Schutte, Jr. · License #KY 222254
Source:
Commercialcafe
Added: Nov 8
Last Checked: Sep 1 at 3:33PM
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 KW Commercial
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Investment Insights
Based on property information with market context.
This freestanding mixed-use property contains 4,598 square feet and is currently configured as a hair salon with a separate three-bedroom, one-bathroom apartment. The salon’s furniture, fixtures, and equipment are included. NC zoning is identified for the property.
The building occupies a signalized corner at 4136 Dixie Hwy in Erlanger, Kentucky. Parking is available on site.
The building occupies a signalized corner at 4136 Dixie Hwy in Erlanger, Kentucky. Parking is available on site.
Key Highlights
- 4,598 SF freestanding mixed‑use building
- Separate 3 bedroom, 1 bath apartment
- Currently operating as a hair salon; FF&E included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,845
Cap Rate
7.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$996,900
$996.9K
Cap Rate 7%
$712,071
$712.1K
Cap Rate 9%
$553,833
$553.8K
Market Conditions
NOI Build-Up for 4,598 SF
Gross rent
$75.6K $16.44/SF
− Vacancy
−$4.4K −$0.95/SF
EGI
$71.2K $15.49/SF
− OpEx
−$21.4K −$4.65/SF
NOI
$49.8K $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%
$996,900
Cap Rate 7%
$712,071
Cap Rate 9%
$553,833
Alternative Uses
Best Use
Retail
$712.1K
$623.1K – $830.8K
NOI $49,845 @ 7.0% cap · market cap 7.13%
Second Best
Mixed Use
$679.8K
$594.9K – $793.2K
NOI $47,589 @ 7.0% cap · market cap 6.81%
Theoretical Best
Office A
$1.19M
$1.04M – $1.38M
NOI $83,091 @ 7.0% cap · market cap 11.89%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The property combines a hair salon with a separate residential unit and includes the salon’s furnishings, fixtures, and equipment.
Where is this mixed-use property located?
The property is located at 4136 Dixie Hwy Erlanger, KY.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 4,598 SF freestanding mixed‑use building; Separate 3 bedroom, 1 bath apartment; Currently operating as a hair salon; FF&E included
