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    400 3Rd St Covington, KY 41011

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    For Lease
    Contact for pricing

    17,872 SF Warehouse, Flex Space Available

    Lot size:
    17,872 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Covington, KY industrial property offers a rare opportunity for businesses seeking flexible warehouse or flex space. The single-story building, constructed in 1974, totals 17,872 square feet and sits on a 0.98-acre lot. Currently, 11,372 square feet is immediately available, divisible to a minimum of 11,372 square feet, with a maximum contiguous space of 17,872 square feet. The property features a 16-foot ceiling height, enhancing storage and operational efficiency. Loading and unloading are facilitated by one loading dock and three drive-in doors. Ample parking is provided with 30 spaces. The building is zoned AUC and boasts an advantageous location offering seamless access to downtown Cincinnati and Covington, KY. Its proximity to three key bridges within a one-mile radius ensures exceptional routing and accessibility, making it ideal for last-mile delivery services or on-demand businesses. The property comprises two suites in total. This is a unique opportunity to secure a well-located, functional industrial space with excellent connectivity to major transportation arteries.

    Property Features for 400 3Rd St

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    17,872 SF

    Building Details

    Year Built
    1974
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space 2
    Size
    11,372 SF
    Space
    Available Space 1
    Size
    17,872 SF

    HighLights

    • 17,872 SF industrial building, offering 11,372 SF of vacant space.
    • Multi‑tenant property with two suites available.
    • Located in Covington, KY, offering easy access to downtown Cincinnati.
    • Features 16' ceilings, one loading dock, three drive‑ins, and 30 parking spaces.
    • Sits on a 0.98‑acre lot and was built in 1974.
    • Zoned AUC.
    Property Profile Location Intelligence

    Current Use by Public Records

    Theatre House Costume Store 3D Corrugated - Boxes ... Packaging Supply Store

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Law Firm Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Covington
    County
    Kenton
    State
    Kentucky
    Longitude
    -84.5178769
    Latitude
    39.0882385

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    FAQs

    What type of property is this?
    Flex space - 17,872 SF Warehouse, Flex Space Available
    Where is this flex space located?
    The property is located at 400 3Rd St Covington, KY.
    What are key features of this property?
    This property features: 17,872 SF industrial building, offering 11,372 SF of vacant space.; Multi-tenant property with two suites available.; Located in Covington, KY, offering easy access to downtown Cincinnati.
    Request Owner's contact information
    400 3Rd St Covington, KY 41011
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    Covington, KY 41011
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    Realmo Value Estimation

    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.

    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.

    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
    400 3Rd St Covington, KY 41011
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