Property profile

422 Philadelphia St Covington, KY 41011

OFF-MARKET
Turn key restaurants
Property ID
US34-0280290
6,249 SF 1.24 ac lot
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Total area 6,249 SF
Lot 1.24 ac (54,189 SF)
APN 040-43-07-003.00
UPID US34-0280290

Cap rate & NOI

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

Location

422 Philadelphia St Covington, KY 41011
Covington metro Census 60300 CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$861k
Blend (final) Blend
$855k

Owner & transaction history

since 2024
7 recorded transactions
2025
Price N/A
2024
Price N/A
2024
$3.0M
2024
Price N/A
2018
$3.0M
2015
$3.0M
2015
$400,000

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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