You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.

3098 Dixie Hwy Edgewood, KY 41018-1826

OFF-MARKET Drive through restaurants Google Maps
1,882 SF 0.42 ac lot Built 1984
Entity Owned 2-yr Hold ~ Est. High Equity
Estimated value (blended)
$975k
Range $878k – $1.07M (±10%)
Property ID US34-0396624

Property summary

AI-generated overview

This 1,882-square-foot vacant restaurant building is situated on a 0.42-acre lot in Erlanger, Kentucky, at 3098 Dixie Hwy, zip code 41018. Built in 1982, the single-story building sits on a hard corner with excellent visibility and two points of ingress/egress. The property boasts a drive-thru and pylon sign, enhancing its appeal to potential tenants. Zoned Community Commercial (CC), it allows for a wide range of retail and office uses. The location offers exceptional visibility along Dixie Highway (US-25), a major thoroughfare with over 24,000 vehicles daily. A new Kroger with a pharmacy and gas station is planned for construction directly across the street, expected to open in 2025. The property benefits from its proximity to a dense retail corridor, including numerous national brands such as McDonald's, Chipotle, Wendy's, and more. Its adjacency to Dixie Heights High School (1,400+ students) and the Dixie Heights Sports Complex further enhances its potential. The location is also conveniently situated 0.7 miles from Interstate 275, near the I-71/I-275 interchange, 7 miles from Cincinnati/Northern Kentucky International Airport, and 10 miles from Downtown Cincinnati. Strong demographics support the property's value, with a population exceeding 143,000 within a 5-mile radius, projected to grow by 2027. The daytime population exceeds 167,400, and average household incomes within a 3-mile radius are over $100,000. The property is available for sale or lease.

Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1984
Total area 1,882 SF
Lot 0.42 ac (18,295 SF)
APN 015-10-15-001.00
UPID US34-0396624

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$975k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$975k

Owner & transaction history

since 2023
Last sale
$975,000
1 recorded transaction
2023
$732,060

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3098 Dixie Hwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message