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Property profile & analytics

6418 Dixie Hwy Florence, KY 41042-2102

  • Auto shops
  • 3,000 SF
OFF-MARKET
Value Estimation
$475,000
Last Sale
Dec 20, 2024
$495,000
Location Intelligence
Property ID
US34-0591135
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

  • Auto shops

Property Details for 6418 Dixie Hwy

Year built
1996
Construction
TYPE NOT SPECIFIED
Property size
3,000 SF
Property type
Auto shops
APN
072.14-04-009.01
APU
72140400901

Description

This exceptional 5,400 square foot freestanding retail building, located at 6418 Dixie Highway in Florence, Kentucky, presents a unique investment opportunity. The property is situated in Boone County, zip code 41042, and is currently configured as a single-tenant auto shop. Its prime location offers excellent visibility and accessibility, making it an ideal space for a variety of automotive-related businesses or adaptable to other retail uses. The building's freestanding nature provides ample parking and convenient access for customers. The single-tenant occupancy simplifies management and provides a stable income stream for potential investors. This property is a solid investment in a thriving Kentucky market. The building's size and layout offer flexibility for potential tenants, allowing for customization to suit specific business needs. With its strategic location and substantial square footage, this property represents a compelling opportunity for those seeking a strong return on investment in the Kentucky retail market. The property's address is easily accessible from major roadways, ensuring high traffic flow and visibility for any business operating within its walls. This is a rare opportunity to acquire a well-located, freestanding retail building in a desirable area.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $495,000
  • CAP approach

    CAP return
    Estimation
    6%
    $460,000
    6.5%
    $405,000
    7%
    $475,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $405,000
    Geo Method
    $425,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $380,000
    Retail
    $355,000
    Mixed-Use
    $360,000
    Hospitality
    $460,000
    Educational
    $470,000
    Residential Income
    $425,000
    Energy
    $460,000
    Income-Based Land
    $420,000
    Food Service
    $445,000

Location Insight

  • Map
  • Local Demand
City
Florence
County
Boone
State
Kentucky
Longitude
-84.6157
Latitude
39.0063
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
$2,904
$150,000
$150,000
$300,000
-
$150,000
$150,000
$300,000
More about this property
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