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    Property profile & analytics

    516 Enterprise Dr Erlanger, KY 41017-1526

    • Office buildings
    • 9,600 SF
    • 0.98 lot acres
    OFF-MARKET
    Value Estimation
    $370,000
    Last Sale
    Jun 18, 2025
    Location Intelligence
    Property ID
    US34-2271320
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 516 Enterprise Dr

    Year built
    1977
    Lot size
    0.98 lot acres
    Property size
    9,600 SF
    Property type
    Office buildings
    APN
    014-30-00-263.00
    APU
    14300026300

    Description

    This exceptional 9,600 square foot industrial property, located at 516 Enterprise Drive in Erlanger, Kentucky, presents a compelling opportunity for owner-users or investors. Built in 1977, this versatile building boasts a General Industrial (GI) zoning permit and sits on a one-acre lot. The structure offers a flexible layout, previously configured as a two-tenant facility with independent entrances and separately metered utilities, providing significant adaptability for various business needs. The property includes three dock-high loading doors for efficient material handling. Adding to its functionality is an existing 2,400 square foot mezzanine storage area, significantly increasing overall usable space. Situated in Kenton County, KY, zip code 41017, this property offers convenient access to major transportation routes, making it an ideal location for distribution and logistics operations. The asking price is $1,100,000. This is a rare opportunity to acquire a well-located, functional industrial building with significant potential.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Erlanger
    County
    Kenton
    State
    Kentucky
    Longitude
    -84.5874
    Latitude
    39.047
    CBSA code
    17140
    CBSA name
    CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,119
    $98,500
    $475,500
    $574,000
    -
    $98,500
    $475,500
    $574,000

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      514 Enterprise Dr

      OFFICE BUILDING • 12,860 SF
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      View Details
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      178-182 Barnwood Dr

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    516 Enterprise Dr
    Erlanger, KY 41017-1526
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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