Technical
Financial
Distress signals
Property profile

3937 Winston Ave Covington, KY 41015

OFF-MARKET
Banks
Property ID
US34-0314468
4,328 SF 0.46 ac lot Built 1989
Entity Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents a single-tenant, absolute NNN leased retail property located at 3937 Winston Ave, Covington, KY 41015. The property, a 4,381 square foot building on a 0.465-acre lot, is currently occupied by US Bank, a highly reputable and financially stable tenant. Built in 1974, this one-story structure boasts a prominent location, ensuring high visibility and accessibility. The current lease with US Bank extends through 2029, providing investors with long-term stability and predictable cash flow. The property is zoned TUMU and offers a secure investment with a strong tenant history exceeding 50 years. This is a rare opportunity to acquire a well-established, passively managed income stream in a desirable Kentucky location. The asking price for this net lease investment is $1,550,000. The property's single-tenant occupancy minimizes management complexities, making it an attractive option for passive investors seeking a reliable return. The long-term lease provides financial security and predictable income, while the prime location and strong tenant history further enhance its investment appeal. This is a turnkey investment ready for immediate income generation.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1989
Total area 4,328 SF
Lot 0.46 ac (20,255 SF)
APN 056-14-11-005.02
UPID US34-0314468

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Bank Loan Service
  • Atm
  • Atm

Location

3937 Winston Ave Covington, KY 41015-1706
Covington metro Census 61300 CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.90M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.85M

Owner & transaction history

since 2021
Last sale
$3.8M
4 recorded transactions
2025
Price N/A
2021
$3.8M
2013
Price N/A
2010
Price N/A

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
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