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Property profile & analytics
OFF-MARKET Estimated value $525,000
Office buildings

516 Enterprise Dr Erlanger, KY 41017-1526

9,600 SF 0.98 ac lot Built 1977
Trust Owned Free & Clear
Property ID
US34-2271320
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1977
Total area 9,600 SF
Lot 0.98 ac (42,689 SF)
APN 014-30-00-263.00
UPID US34-2271320
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$503k
Blend (final) Blend
$525k
Owner & transaction history
Henke Family Preservation Trust
Henke Family Preservation Trust
since 2026
7 recorded transactions
2026
Price N/A
2025
Price N/A
2025
Price N/A
2025
Price N/A
2025
$850,000
2011
$535,000
2008
$535,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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