3449 Turfway Rd Erlanger, KY 41018-3170
This exceptional 2,400 square foot industrial property, situated on a 1.27-acre lot in Erlanger, Kentucky, presents a remarkable investment opportunity. Located at 3449 Turfway Rd, this single-tenant building boasts a 40x60 clear span steel structure with good clear height. Currently configured as an auto repair and autobody shop, the property includes a paint booth and much of the equipment is negotiable. The I-1 industrial zoning allows for a wide array of permitted uses, including but not limited to: auto repair, retail, warehousing, and various light industrial applications. The property's convenient location, approximately 3000 feet from CVG airport, makes it highly accessible. Potential buyers can choose to continue the existing business, add onto the existing structure, or redevelop the site entirely to suit their specific needs. The property's versatility and prime location in the thriving Erlanger market make it an ideal investment for a diverse range of businesses. The APN is 071.00-00-039.01. The asking price is $479,900, translating to $199.96 per square foot. A comprehensive list of permitted uses under the I-1 zoning is available upon request.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.