50,000 SF Industrial
2150 Gateway Blvd Burlington, KY
For Sale
Contact for pricing
50,000 SF industrial space near CVG Airport.
Property Size50,000 SF
Lot Size21.57 Acres
Price / SF$175.90
Days on Market465
Property Features for 2150 Gateway Blvd
General Information
Standard status
Active
Size
50,000 SF
Lot size
21.57 Acres
Property subtype
INDUSTRIAL
Properties For Sale
at 2150 Gateway Blvd Contact us
Listing Agency:
Schueler Group Henkle-Schueler, REALTORS
(513) 932-6010
Listed By:
Jeff Eichhorn
(513) 932-6010
Source:
Moodyscre
Added: Apr 21, 2025
Changed: Jul 6
Last Checked: Jul 21 at 5:29AM
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 Schueler Group Henkle-Schueler, REALTORS
Investment Insights
Based on property information with market context.
This 50,000 square foot industrial facility includes 2,160 square feet of spec office space. Expansion capabilities allow for an additional 40,000 square feet. The property features a 24-foot clear height and a 6-inch unreinforced concrete slab over 6 inches of stone. Immediate occupancy is available. The location is approximately 3 miles from I-275 and minutes from CVG International Airport and I-71/75. The property is situated near Amazon, DHL, and FedEx facilities, making it a strategic logistical location. It includes three dock doors and one drive-in door (12 feet x 16 feet). Two additional dock doors can be added. There are currently 52 parking spaces, with room to add 19 additional spaces.
Key Highlights
- Strategic logistical location near Amazon, DHL, and FedEx, and minutes from CVG International Airport and I‑275/I‑71/75.
- 50,000 SF including 2,160 SF of spec office space with expansion capabilities up to an additional 40,000 SF.
- Immediate occupancy available.
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 | $474.0k | $9.48 |
| − Vacancy | −$30.3k | −$0.61 |
| EGI | $443.7k | $8.87 |
| − OpEx | −$66.5k | −$1.33 |
| NOI | $377.1k | $7.54 |
50,000 SF · lease $9.48/SF/yr · vacancy 6.40% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$5.39M
$4.71M – $6.29M
NOI $377,114 @ 7.0% cap · market cap 4.29%
Second Best
Industrial
$4.44M
$3.88M – $5.18M
NOI $310,565 @ 7.0% cap · market cap 3.53%
Theoretical Best
Office A
$13.78M
$12.06M – $16.08M
NOI $964,800 @ 7.0% cap · market cap 10.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Warehouse - 50,000 SF industrial space near CVG Airport.
Where is this warehouse located?
The property is located at 2150 Gateway Blvd Burlington, KY.
What is the asking price?
The asking price for this property is $8,795,000.
What are key features of this property?
This property features: Strategic logistical location near Amazon, DHL, and FedEx, and minutes from CVG International Airport and I‑275/I‑71/75.; **50,000 SF including 2,160 SF of spec office space** with expansion capabilities up to an additional 40,000 SF.; Immediate occupancy available.
