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    Independence, KY
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    Independence, KY Retail Properties & Spaces for Sale

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    Covington, KY Erlanger, KY Florence, KY Walton, KY Edgewood, KY Union, KY Alexandria, KY Crestview Hills, KY
    Auto Repair Shop with Towing Business
    Updated: Jul 27
    Auto Repair Shop with Towing Business

    5323 Madison Pike, Independence, KY 41051

    $829,000
    5,500 sqft
    5,500‑square‑foot auto shop and building
    Established custom exhaust and auto repair business
    Established towing business with various accounts
    Lower‑level shop with repair stations and a single overhead door
    Large rear parking area for towing storage
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    5323 Madison Pike, Independence, KY

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    • Est. Cap Rate

      7.2%
      Above avg (5.9%)

    • Est. NOI

      $60K
      Annual

    • Price @ 7% Cap

      $852K
      Above asking

    • Last Sold

      Oct 2006
      $150K

    • Property Type

      Auto Repair, Garage
      Built 1923
    View Property Analytics
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 1 Active listings in Independence, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Remodeled Office Units with Showroom
    Remodeled Office Units with Showroom

    10 Price Ave, Erlanger, KY 41018

    $459,000
    2,838 sqft

    Updated commercial space includes conference rooms, individual offices, and an unfinished basement.

    View details
    Leased Walgreens Retail Store
    Leased Walgreens Retail Store

    6617 Dixie Highway, Florence, KY 41042

    Contact for pricing
    10,504 sqft

    Absolute triple-net Walgreens with no landlord responsibilities, benefiting from strong regional connectivity near major healthcare and retail.

    View details
    Retail Investment Opportunity in Erlanger
    Retail Investment Opportunity in Erlanger

    3152 1/2 Dixie Hwy, Erlanger, KY 41018

    Contact for pricing
    10,500 sqft

    10,500 SF retail space in Kenton County area.

    View details
    Former Bank Building Conversion
    Former Bank Building Conversion

    6890 Dixie Hwy, Florence, KY 41042

    Contact for pricing
    3,297 sqft 0.61 AC lot

    Former bank building on Dixie Highway with a large parking lot and flexible layout for office or retail conversion.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    3-Acre Commercial Land Parcel
    3-Acre Commercial Land Parcel

    12885 Frogtown Connector Rd, Walton, KY 41094

    $650,000
    3.00 AC lot

    3-acre commercial land parcel with highway visibility and C3 zoning.

    View details
    Development Opportunity on 10.95 Acres
    Development Opportunity on 10.95 Acres

    3036 Petersburg Rd, Hebron, KY 41048

    Contact for pricing
    10.95 AC lot

    Two parcels offer development potential near logistics hubs.

    View details
    Land Available For Sale
    Land Available For Sale

    3356 Central Pkwy, Cincinnati, OH 45225

    Contact for pricing
    3.66 AC lot

    3.66 acres of land for sale.

    View details
    Commercial Corner Lot
    Commercial Corner Lot

    3443 Montgomery Road, Cincinnati, OH 45207

    $60,000
    0.11 AC lot

    Corner commercial parcel near Xavier University and I-71.

    View details

    Off-Market Properties in Independence, KY

    Consider similar Off-Market properties in Independence, KY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    6471 Taylor Ml Rd
    RESTAURANT

    6471 Taylor Ml Rd, Independence, KY 41051

    $280,000
    Estimated value
    7,740 sqft 5.25 AC lot
    View details
    4102 Richardson Rd
    CONVENIENCE STORE (W/FUEL PUMP)

    4102 Richardson Rd, Independence, KY 41051-8527

    $2,000,000
    Estimated value
    1,576 sqft 0.57 AC lot
    View details
    5200 Madison Pike
    AUTO REPAIR, GARAGE

    5200 Madison Pike, Independence, KY 41051-9531

    $240,000
    Estimated value
    2,632 sqft 0.51 AC lot
    View details
    2112 Declaration Dr
    RESTAURANT

    2112 Declaration Dr, Independence, KY 41051-7034

    $795,000
    Estimated value
    4,818 sqft 1.42 AC lot
    View details
    5081 Madison Pike
    RETAIL STORES (PERSONAL SERVICES)

    5081 Madison Pike, Independence, KY 41051-7539

    $310,000
    Estimated value
    6,267 sqft 1.87 AC lot
    View details
    11910 Joseph E Schmiade Rd
    AUTO REPAIR, GARAGE

    11910 Joseph E Schmiade Rd, Independence, KY 41051-7630

    $295,000
    Estimated value
    4,218 sqft 0.40 AC lot
    View details
    2049 Mapletree Ln
    PARKING GARAGE, PARKING STRUCTURE

    2049 Mapletree Ln, Independence, KY 41051

    $55,000
    Estimated value
    816 sqft 0.52 AC lot
    View details
    144 Richardson Rd
    VEHICLE SALES, RENTALS

    144 Richardson Rd, Independence, KY 41051-8708

    $850,000
    Estimated value
    8,400 sqft 1.00 AC lot
    View details
    2020 Declaration Dr
    DRIVE-THRU RESTAURANT, FAST FOOD

    2020 Declaration Dr, Independence, KY 41051-7979

    $300,000
    Estimated value
    0.67 AC lot
    View details
    11899 Joseph E Schmiade Rd
    AUTO REPAIR, GARAGE

    11899 Joseph E Schmiade Rd, Independence, KY 41051-7629

    $305,000
    Estimated value
    3,794 sqft 0.25 AC lot
    View details
    68 Oby Dr, Unit A
    PARKING GARAGE, PARKING STRUCTURE

    68 Oby Dr, Independence, KY 41051-9278

    Unit A
    $80,000
    Estimated value
    1.46 AC lot
    View details
    6455 Taylor Ml Rd, Unit 65
    SHOPPING CENTER, STRIP CENTER

    6455 Taylor Ml Rd, Independence, KY 41051-9392

    Unit 65
    $285,000
    Estimated value
    5,480 sqft 0.46 AC lot
    View details
    Madison Across 1177th Park
    AUTO REPAIR, GARAGE

    Madison Across 1177th Park, Independence, KY 41051

    $280,000
    Estimated value
    2.69 AC lot
    View details
    2000 Declaration Dr
    AUTO REPAIR, GARAGE

    2000 Declaration Dr, Independence, KY 41051-7979

    $1,335,000
    Estimated value
    2,040 sqft 0.52 AC lot
    View details
    6426 Taylor Ml Rd
    CONVENIENCE STORE

    6426 Taylor Ml Rd, Independence, KY 41051-9342

    $875,000
    Estimated value
    5,000 sqft 0.81 AC lot
    View details
    11939 Taylor Ml Rd
    RETAIL STORES (PERSONAL SERVICES)

    11939 Taylor Ml Rd, Independence, KY 41051-9762

    $135,000
    Estimated value
    4,776 sqft 0.73 AC lot
    View details
    2006 Patriot Way
    FINANCIAL BUILDING

    2006 Patriot Way, Independence, KY 41051-8444

    $615,000
    Estimated value
    2,400 sqft 1.15 AC lot
    View details
    2184 Declaration Dr
    AUTO REPAIR, GARAGE

    2184 Declaration Dr, Independence, KY 41051-7034

    $2,260,000
    Estimated value
    View details
    5205 Madison Pike
    CONVENIENCE STORE (W/FUEL PUMP)

    5205 Madison Pike, Independence, KY 41051-8619

    $265,000
    Estimated value
    3,000 sqft 1.00 AC lot
    View details
    12010 Madison Pike
    FINANCIAL BUILDING

    12010 Madison Pike, Independence, KY 41051-9769

    $335,000
    Estimated value
    4,532 sqft 1.32 AC lot
    View details
    4110 Richardson Rd
    GYM, HEALTH SPA

    4110 Richardson Rd, Independence, KY 41051-8552

    $280,000
    Estimated value
    4,120 sqft 0.97 AC lot
    View details
    5287 Madison Pike
    RETAIL STORES (PERSONAL SERVICES)

    5287 Madison Pike, Independence, KY 41051-7965

    $175,000
    Estimated value
    1,456 sqft 0.12 AC lot
    View details
    4766 Crowe Rd
    PARKING GARAGE, PARKING STRUCTURE

    4766 Crowe Rd, Independence, KY 41051-8702

    $460,000
    Estimated value
    1,245 sqft 1.58 AC lot
    View details

    Independence, KY Retail Properties & Spaces Market Trends and Statistics

    Explore 72 retail properties & spaces for sale in Independence, KY on our real estate platform. These investment opportunities span a total of 5,500 square feet of properties for sale, with an estimated market value of $829,000.

    Sale prices for stores in Independence, KY average $829,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Auto shops 1
    Automotive properties 1

    Demographics Overview

    Population 32K
    Population Growth (5Y) +6.7%
    Median Household Income $100,169
    College Educated 50.8%

    Taxes & Financing

    Tax Rate (average for all types) 1.18%
    Property Tax per SF $19.75 per SF
    Tax Rate vs County Average 0.04 pp above county avg
    Average Loan-to-Value 65.0%

    Total CRE Inventory on Market (SF)

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