Property profile

4016 Dixie Hwy Erlanger, KY 41018

OFF-MARKET
Turn key restaurants
Property ID
US34-0282097
6,439 SF 0.74 ac lot Built 1992
Entity Owned Free & Clear
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Property summary

AI-generated overview

The property is an approximately 6,423-square-foot commercial building located east of Florence along Dixie Highway. It was historically used as a franchise restaurant and is configured to support food service operations, while also being suitable for other commercial uses subject to county approval. The building sits on a combined approximately 1.46-acre site with parking for 74 standard vehicles plus 2 designated handicap spaces. The commercial food service infrastructure includes three stainless-steel prep stations, a flat-top grill, four commercial mixers, a press grill, grease transfer systems, and full ventilation over each cooking station, as well as two walk-in freezer/refrigerator units (one large and one medium) with multiple reach-in doors. The property is zoned NC (Neighborhood Commercial Zone) under Kenton County Planning and Development, which permits a range of uses including restaurants, professional office space, financial institutions, service businesses, and other commercial developments.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1992
Total area 6,439 SF
Lot 0.74 ac (32,322 SF)
APN 003-40-10-085.00
UPID US34-0282097

Cap rate & NOI

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

Location

4016 Dixie Hwy Erlanger, KY 41018-1851
Erlanger metro Census 64300 CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$884k
Blend (final) Blend
$640k

Owner & transaction history

since 2026
2 recorded transactions
2026
$995,500
2015
$3.0M

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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