6890 Dixie Hwy Florence, KY 41042
For Sale
1 / 4
This exceptional 3,034 square foot former bank building presents a unique investment opportunity in Florence, Kentucky. Situated on a 0.612-acre lot with ample parking, the property offers significant potential for conversion to office space or continued use as retail. Its location on Dixie Highway, a bustling retail corridor in Northern Kentucky, ensures high visibility and substantial daily traffic. The property benefits from its proximity to the Florence Mall and excellent access to I-71, providing convenient access to both local and regional markets. Furthermore, its location just south of Cincinnati International Airport (CVG) adds to its strategic appeal. The building is zoned for commercial use and is surrounded by strong demographics, making it an ideal location for a variety of businesses. This property offers a rare chance to acquire a well-positioned building in a thriving commercial area with the potential for significant return on investment. The substantial parking lot provides ample space for customers and employees. The convenient access to I-71 and proximity to downtown Cincinnati further enhance its desirability. This is a turnkey opportunity to capitalize on the robust retail environment and strong demographics of Northern Kentucky.
-
Kentucky Federal, a division of Cincinnati Federal Loan Service Bank
-
Kentucky Federal Bank Loan Service
-
LCNB National Bank Bank Loan Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.