Dual-Building Facility in Premier
2919 Hebron Park Dr, Hebron, KY 41048
For Sale
$2,500,000
9,800 SF facility on 1.7 acres near airport.
Property Size7,433 SF
Lot Size1.70 Acres
Price / SF$336.34
Days on Market228
Property Features for 2919 Hebron Park Dr
General Information
Standard status
Size
Lot size
Building Details
Year Built
Listing Agency:
Huff Realty - Florence
Listed By:
Don Volland · License KY #215426
(859) 653-5616
Source:
Finn-team
Added: Mar 27
Changed: Nov 2
Last Checked: Nov 8 at 9:59AM
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 Huff Realty - Florence
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Investment Insights
Based on property information with market context.
This 9,800 SF dual-building facility is strategically positioned within Northern Kentucky’s premier industrial corridor. Constructed in 1995, the property is situated on 1.7 acres and offers a versatile operational footprint. It consists of a 4,200 SF building with four service bays and a 5,600 SF building featuring three additional bays, providing a total of seven service points. The property can accommodate diverse industrial or fleet requirements. Located just minutes from the Cincinnati/Northern Kentucky International Airport (CVG), the site has immediate access to the I-275 beltway, ensuring logistical connectivity for manufacturing, distribution, or large-scale service operations throughout the tri-state region.
Key Highlights
- Premier industrial corridor location in Northern Kentucky.
- Immediate access to I‑275 and minutes from Cincinnati/Northern Kentucky International Airport (CVG).
- Dual‑building facility totaling 9,800 SF on 1.7 acres.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$89,722
Cap Rate
3.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,794,440
$1.8M
Cap Rate 7%
$1,281,743
$1.3M
Cap Rate 9%
$996,911
$996.9K
Market Conditions
NOI Build-Up for 7,433 SF
Gross rent
$133.8K $18.00/SF
− Vacancy
−$5.6K −$0.76/SF
EGI
$128.2K $17.24/SF
− OpEx
−$38.5K −$5.17/SF
NOI
$89.7K $12.07/SF
Area
Boone County, KY
Vacancy
4.20%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,794,440
Cap Rate 7%
$1,281,743
Cap Rate 9%
$996,911
Alternative Uses
Best Use
Retail
$1.28M
$1.12M – $1.50M
NOI $89,722 @ 7.0% cap · market cap 3.59%
Second Best
Industrial
$659.6K
$577.1K – $769.5K
NOI $46,169 @ 7.0% cap · market cap 1.85%
Theoretical Best
Office A
$2.05M
$1.79M – $2.39M
NOI $143,427 @ 7.0% cap · market cap 5.74%
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
Location Intelligence
Trade Area within ½ mile
265
Businesses Nearby
159k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 33%
Groceries 33%
Shops & Services 32%
Electronics 1%
Kroger
Groceries
52,521 visits/mo
0.3 miles
McDonald's
Dining
35,023 visits/mo
0.2 miles
Kroger Fuel Center
Shops & Services
23,108 visits/mo
0.3 miles
Dollar General
Shops & Services
9,235 visits/mo
0.3 miles
Taco Bell
Dining
8,591 visits/mo
0.2 miles
Demographics for 41048, KY
16,523
Population
5,562
Households
3
Avg Household Size
35
Median Age
43%
College-Educated
95%
High-School Grad
33.5 sq mi
ZIP Area
493
Density / Sq Mi
$129,354
Median Household Income
$60,009
Median Earnings
$1,350
Median Rent
$306,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Tire Discounters — 2065 Petersburg Rd, Hebron, KY 41048
- PODIUM AUTOMOTIVE — 1938 Petersburg Rd, Hebron, KY 41048
- Austin's Auto Body — 2384 petersburg rd, hebron, ky 41048
- Randy's Auto Body — 2925 hebron park dr, hebron, ky 41048
- Airport Paint & Body — 2925 Hebron Park Dr, Hebron, KY 41048
Frequently Asked Questions
What type of property is this?
Auto shop - 9,800 SF facility on 1.7 acres near airport.
Where is this auto shop located?
The property is located at 2919 Hebron Park Dr Hebron, KY.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Premier industrial corridor location in Northern Kentucky.; Immediate access to I‑275 and minutes from Cincinnati/Northern Kentucky International Airport (CVG).; Dual‑building facility totaling 9,800 SF on 1.7 acres.
