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Property profile & analytics
OFF-MARKET
Office buildings
3216 Dixie Hwy Erlanger, KY 41018-1828
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US34-2375012
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1991
Total area
3,924 SF
Lot
0.23 ac (10,019 SF)
APN
015-20-25-009.02
UPID
US34-2375012
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Chamberlin Owen & Co INC · 4 yrs held
Chamberlin Owen & Co INC
since 2022
Last sale
$444,500
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Erlanger submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Erlanger submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$5,774
Tax year 2023
Assessed value
$444,500
Assessed 2023
Previous assessed
$444,500
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$98,500
Assessed improvement
$346,000
Land market value
$98,500
Improvement market value
$346,000
Total market value
$444,500
Applied tax rate
3.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1991
Heating
NONE
Total area
3,924 SF
Lot
0.23 ac (10,019 SF)
APN
015-20-25-009.02
UPID
US34-2375012
Jurisdiction
KENTON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1991
Heating
NONE
Lot
0.23 ac
Current owner
From public records · entity-resolved
Chamberlin Owen & Co INC
Entity
Mailing address
3216 DIXIE HWY, ERLANGER, KY 41018-1828
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 18, 2022
—
Chamberlin Owen & Co INC
C&o Properties LLC
Lease
$188,000 · Hcdc INC
Jan 5, 2022
$444,500
C & O Properties LLC
Rekiaw Lllp
Deed
$177,800 · Heritage Southeast Bank
Sep 10, 2009
—
Reklaw Lllp
Walker,john P & Diane M
Grant Deed
related
—
Jan 20, 2009
$310,000
John P Walker
Kalmar Properties LLC
Warranty Deed
$232,500 · Foundation Bank
Mar 22, 2004
$336,500
Kalmar Properties LLC
Midwest Financial & Mortgage S
Grant Deed
$251,740 · Fifth Third Bank
—
—
Reklaw Lllp
—
Deed Of Trust
related
$216,211 · Bank Of Kentucky
—
—
John P Walker
—
Deed Of Trust
related
$15,500 · Kalmar Properties LLC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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