Financial
Distress signals
Property profile

6418 Dixie Hwy Florence, KY 41042

FOR LEASE
Auto shops
Property ID
US34-0591135
3,000 SF Built 1996
Last sale Dec 2024 · $495,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 5,400 square foot freestanding retail building, located at 6418 Dixie Highway in Florence, Kentucky, presents a unique investment opportunity. The property is situated in Boone County, zip code 41042, and is currently configured as a single-tenant auto shop. Its prime location offers excellent visibility and accessibility, making it an ideal space for a variety of automotive-related businesses or adaptable to other retail uses. The building's freestanding nature provides…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$300k
Assessed land$150k
Assessed improvement$150k
Effective rate0.97%

Value estimate

· Sep 2026
$495k
$446k – $545k
AI approach$495k
NOI build-up
Gross scheduled income$54k
Vacancy & credit loss−$2k
Operating expenses−$16k
NOI · 1,207.07% cap applied$36k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
1,207.07%
$36k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionBOONE

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant13.6
Clothing Store13.1
Storage Facility11.5

Location

6418 Dixie Hwy Florence, KY 41042
County assessor Recorded deeds · 6 transfers 3 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5965 Centennial, Florence, KY 41042-1293 $1,200,000 Jun 2025 No data
21 Shelby St, Florence, KY 41042-1612 $400,000 Oct 2024 No data
7600 Burlington, Florence, KY 41042-1516 $800,000 Dec 2023 540 SF
7529 Industrial, Florence, KY 41042-2201 $590,000 Aug 2023 No data
6602 Dixie, Florence, KY 41042-2106 $450,000 Feb 2023 3,404 SF
8225 Us Hwy 42, Florence, KY 41042-9601 $285,000 Jan 2023 4,816 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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