Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1487 Jamike Ave Erlanger, KY

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    4,465 SF warehouse space with office potential near airport.

    Type:INDUSTRIAL
    Property size:
    4,456 SF
    Lot size:
    3.34 Acres
    Added:
    Nov 24, 2025
    Days on Market:
    129
    Last Refresh:
    Mar 29 at 8:20 pm

    Property Features for 1487 Jamike Ave

    General Information

    Standard status
    Active
    Size
    4,456 SF
    Lot size
    3.34 Acres
    Property subtype
    INDUSTRIAL

    Spaces For Lease

    at 1487 Jamike Ave Contact us

    We can help!

    Listing Contact
    Erin Casey, SIOR

    Listing agent Erin Casey, SIOR

    Listing office Colliers | Cincinnati

    Listing date Nov 24, 2025

    Source Moodyscre

    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 Colliers | Cincinnati

    Overview

    Erlanger Warehouse Space Available

    This property offers 4,465 square feet of available space, including 750 square feet suitable for office use or build-to-suit options. The warehouse features two docks and one drive-in door, with a clear height ranging from 16 to 18 feet. Column spacing is configured at 46 by 48 feet. Its location provides convenient access to I-75/I-71, I-275, and the Cincinnati/Northern Kentucky International Airport. The master sublease is active until February 16, 2025, with the possibility of a direct agreement with the landlord.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Auto Repair Shop Hair Salon Big Box & Wholesale Store Hotel & Motel Gym & Fitness Center Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Exel — Kentucky 41018
    • Keller warehousing and co-packing — 1499 Jamike Ave, Erlanger, KY 41018

    Location Insight

    • Map
    • Local Demand
    City
    Erlanger
    County
    Kenton
    State
    Kentucky
    Longitude
    -84.6289
    Latitude
    39.0419

    Nearby Similar for Lease

    • Contact for pricing

      Turn-Key Restaurant with Drive-Thru

      Former restaurant available for lease with drive-thru and equipment.
      4016 Dixie Hwy, Erlanger, KY 41018
      View Details
    • $13/mo

      Erlanger Flex Space For Rent

      New construction flex space near CVG and I-75 in Erlanger.
      3630 Ohara Road, Erlanger, KY 41018
      View Details
    • $13/mo

      New Flex Space Near CVG

      New construction flex space near CVG and I-75 in Erlanger.
      3630 O Hara Road unit: 101, Erlanger, KY 41018
      View Details
    • $15/mo

      Retail/Office Space in Erlanger

      2382 SF retail/office space in Kroger anchored center.
      3158-3194 Dixie Hwy unit: 3172, Erlanger, KY 41018
      View Details
    • $16/mo

      Erlanger Retail Space For Lease

      Multiple units available in high-traffic Erlanger shopping center.
      3188-3194 Dixie Hwy unit: 3194, Erlanger, KY 41018
      View Details
    • $16/mo

      Retail/Office Space in Erlanger

      Retail/office space in Kroger-anchored shopping center near I-275.
      3194 Dixie Hwy unit: 3194, Erlanger, KY 41018
      View Details
    • Contact for pricing

      Erlanger Office Space Available

      Office space available for rent in Erlanger, Kentucky.
      3161 Dixie Hwy, Erlanger, KY
      View Details
    • $7/mo

      Erlanger Warehouse Space Available

      Renovated warehouse space with convenient access to major transportation routes.
      3300 Turfway Rd, Erlanger, KY
      View Details
    • $15/mo

      Retail Space in Kroger Anchored Center

      Retail space available in well-maintained, Kroger anchored shopping center.
      3180-3194 Dixie Hwy, Erlanger, KY
      View Details
    • $7/mo

      Erlanger Flex Space Near Airport

      Flex space available near Cincinnati/Northern Kentucky International Airport.
      1445 Jamike Ave, Erlanger, KY
      View Details
    • Contact for pricing

      Erlanger Warehouse Space Available

      6,600 SF warehouse space with modern features for lease.
      1325 Donaldson Hwy, Erlanger, KY
      View Details
    • Contact for pricing

      Erlanger Retail Anchor Space Available

      60,417 SF anchor space suitable for retail, entertainment, medical.
      3156 Dixie Hwy, Erlanger, KY
      View Details

    FAQs

    What type of property is this?
    Warehouse - 4,465 SF warehouse space with office potential near airport.
    Where is this warehouse located?
    The property is located at 1487 Jamike Ave Erlanger, KY.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: Excellent Location: Close proximity to I‑75/I‑71, I‑275, and Cincinnati/Northern Kentucky International Airport.; Flexible Space: 4,465 SF available with 750 SF office or Build‑to‑Suit option.; Features 2 docks and 1 drive‑in door.
    (513) 312-7468 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Erin Casey, SIOR
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!