Warehouse with Multiple Dock
1452 Donaldson Hwy Erlanger, KY 41018
For Sale
Contact for pricing
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 Market226
Property Features for 1452 Donaldson Hwy
General Information
Standard status
Active
Size
24,258 SF
Property subtype
INDUSTRIAL
Listing Agency:
SqFt Commercial
(513) 675-5764
Listed By:
Rod MacEachen · License #SAL.2010001717
(513) 675-5764
Source:
Moodyscre
Added: Dec 15, 2025
Changed: Jul 27
Last Checked: Jul 28 at 12:36PM
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
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 For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $189.2k | $7.80 |
| − Vacancy | −$25.9k | −$1.07 |
| EGI | $163.3k | $6.73 |
| − OpEx | −$24.5k | −$1.01 |
| NOI | $138.8k | $5.72 |
24,258 SF · lease $7.80/SF/yr · vacancy 13.70% · expense 15.00%
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.
Property Analytics
Location Intelligence
Current Use
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