Warehouse with Multiple Dock
For Sale
Contact for pricing
1452 Donaldson Hwy, Erlanger, KY 41018
Boone County I-1 HDO warehouse in Minneola Industrial Park with a concrete truck court and five dock doors.
Property Size24,258 SF
Price / SF$109.24
Days on Market317
Property Features for 1452 Donaldson Hwy
General Information
Standard status
Active
Size
24,258 SF
Property subtype
INDUSTRIAL
Zoning
I-1 HDO
Site & Location
Highway Access
Yes
Road Access
Yes
Warehouse & Industrial
Dock-High Doors
5
Drive-In Doors
2
Listing Agency:
SqFt Commercial
(513) 843-1600
Listed By:
Rod MacEachen
(513) 675-5764
Source:
Moodyscre
Added: Dec 15, 2025
Changed: Oct 25
Last Checked: Oct 28 at 9:21AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SqFt Commercial
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
1452 Donaldson Hwy is a warehouse property located in unincorporated Boone County within Minneola Industrial Park. The facility offers five (5) dock doors and two (2) drive-in doors, supported by a concrete truck court for loading and staging. There is also 1,720 SF of front office space.
The property provides immediate access to CVG International Airport and is positioned in the market with minutes to I-275/I-75/I-71. It has frontage on Donaldson Highway, supporting practical delivery and service access.
Zoned I-1 HDO (Boone County), the warehouse is currently tenant-occupied. Per the seller, the tenant in the warehouse and the 1,720 SF of front office space expires 8/31/2026.
The property provides immediate access to CVG International Airport and is positioned in the market with minutes to I-275/I-75/I-71. It has frontage on Donaldson Highway, supporting practical delivery and service access.
Zoned I-1 HDO (Boone County), the warehouse is currently tenant-occupied. Per the seller, the tenant in the warehouse and the 1,720 SF of front office space expires 8/31/2026.
Key Highlights
- Warehouse in Minneola Industrial Park (unincorporated Boone County) with frontage on Donaldson Highway
- 5 dock doors plus 2 drive‑in doors
- Concrete truck court
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$138,797
Cap Rate
5.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,775,940
$2.8M
Cap Rate 7%
$1,982,814
$2.0M
Cap Rate 9%
$1,542,189
$1.5M
Market Conditions
NOI Build-Up for 24,258 SF
Gross rent
$189.2K $7.80/SF
− Vacancy
−$25.9K −$1.07/SF
EGI
$163.3K $6.73/SF
− OpEx
−$24.5K −$1.01/SF
NOI
$138.8K $5.72/SF
Area
Kenton County, KY
Vacancy
13.70%
Lease Rate
$7.80 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,775,940
Cap Rate 7%
$1,982,814
Cap Rate 9%
$1,542,189
Alternative Uses
Best Use
Warehouse
$1.98M
$1.73M – $2.31M
NOI $138,797 @ 7.0% cap · market cap 5.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.26M
$5.48M – $7.31M
NOI $438,367 @ 7.0% cap · market cap 16.54%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
5
Dock-high doors
2
Drive-in doors
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
232
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 41018, KY
29,305
Population
11,926
Households
2.5
Avg Household Size
36
Median Age
28%
College-Educated
91%
High-School Grad
11.6 sq mi
ZIP Area
2,526
Density / Sq Mi
$70,267
Median Household Income
$40,537
Median Earnings
$1,044
Median Rent
$173,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Keller warehousing and co-packing — 1499 Jamike Ave, Erlanger, KY 41018
Frequently Asked Questions
What type of property is this?
Warehouse - Boone County I-1 HDO warehouse in Minneola Industrial Park with a concrete truck court and five dock doors.
Where is this warehouse located?
The property is located at 1452 Donaldson Hwy Erlanger, KY.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: Warehouse in Minneola Industrial Park (unincorporated Boone County) with frontage on Donaldson Highway; 5 dock doors plus 2 drive‑in doors; Concrete truck court
