Distribution-Manufacturing
7430 Empire Dr Florence, KY 41042
7430 Empire Dr, Florence, KY, 41042
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For Sale
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Distribution and manufacturing building zoned I-2, with easy interstate access in an established industrial park.
Property Size30,720 SF
Price / SF$201.82
Days on Market122
Property Features for 7430 Empire Dr
General Information
- Standard status
- Active
- Size
- 30,720 SF
- Property subtype
- INDUSTRIAL
Listing agency
Cushman & Wakefield | Cincinnati
(859) 653-1346
Listed by
Jeffrey Bender, SIOR, CCIM
(859) 653-1346
Source
Moodyscre
Added: Mar 23 Updated: Jul 21 at 7:55PM Checked: Jul 21 at 7:55PM
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 Cushman & Wakefield | Cincinnati
Investment Insights
Based on property information with market context.
This distribution/manufacturing building is offered for sale and is zoned I-2 (Heavy Industrial). The property is positioned to support heavy industrial uses within a dedicated industrial setting.
The building is located in Greater Cincinnati’s largest industrial park and offers easy interstate access. The listing also notes there is no city earnings tax.
The offering is presented as a distribution/manufacturing facility within a heavy industrial zoning framework.
The building is located in Greater Cincinnati’s largest industrial park and offers easy interstate access. The listing also notes there is no city earnings tax.
The offering is presented as a distribution/manufacturing facility within a heavy industrial zoning framework.
Key Highlights
- Distribution/manufacturing building zoned I‑2 (heavy industrial)
- Located in Greater Cincinnati’s largest industrial park
- Easy interstate access
Local 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 | $291.2k | $9.48 |
| − Vacancy | −$18.6k | −$0.61 |
| EGI | $272.6k | $8.87 |
| − OpEx | −$40.9k | −$1.33 |
| NOI | $231.7k | $7.54 |
30,720 SF · lease $9.48/SF/yr · vacancy 6.40% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$3.31M
$2.90M – $3.86M
NOI $231,699 @ 7.0% cap · market cap 3.74%
Second Best
Industrial
$2.73M
$2.39M – $3.18M
NOI $190,811 @ 7.0% cap · market cap 3.08%
Theoretical Best
Office A
$8.47M
$7.41M – $9.88M
NOI $592,773 @ 7.0% cap · market cap 9.56%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Jero Inc
General Contractor
Wabco USA
Warehouse & Storage
Spartan Cartage & Warehousing ...
Logistics Company
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FAQs
What type of property is this?
Distribution center - Distribution and manufacturing building zoned I-2, with easy interstate access in an established industrial park.
Where is this distribution center located?
The property is located at 7430 Empire Dr Florence, KY.
What is the asking price?
The asking price for this property is $6,200,000.
What are key features of this property?
This property features: Distribution/manufacturing building zoned I‑2 (heavy industrial); Located in Greater Cincinnati’s largest industrial park; Easy interstate access
