5526 S Dixie Hwy Glendale, KY 42740
5526 S Dixie Hwy, Glendale, KY, 42740
$325,000
For Sale
$325,000
Updated brick ranch with full basement and large yard.
Property Size2,240 SF
Lot Size0.50 Acres
Price / SF$145.09
Days on Market251
Property Features for 5526 S Dixie Hwy
General Information
- Standard status
- Active
- Property type
- Farms, Agricultural properties, Single family properties, Residential income properties, Other farms
- Size
- 2,240 SF
- Lot size
- 0.50 Acres
Building Details
- Year Built
- 1977
Listing Office
(270) 769-8359
Listed by
Jayme
(270) 769-8359
Added: Nov 12, 2025 Updated: Jun 2 at 2:47 pm
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $34.1k | $15.24 |
| − Vacancy | −$1.5k | −$0.69 |
| EGI | $32.6k | $14.55 |
| − OpEx | −$14.7k | −$6.55 |
| NOI | $17.9k | $8.00 |
2,240 SF · lease $15.24/SF/yr · vacancy 4.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$256.2K
$224.1K – $298.9K
NOI $17,931 @ 7.0% cap · market cap 5.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$405.5K
$354.8K – $473.1K
NOI $28,385 @ 7.0% cap · market cap 8.73%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Single family properties
Similar For Sale Nearby
FAQs
What type of property is this?
Farm - Updated brick ranch with full basement and large yard.
Where is this farm located?
The property is located at 5526 S Dixie Hwy Glendale, KY.
What is the asking price?
The asking price for this property is $325,000.
