Technical
Financial
Distress signals
Property profile

1301 Madison Ave Covington, KY 41011

OFF-MARKET
Warehouses
205,000 SF
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Property summary

AI-generated overview

This expansive 205,000-square-foot warehouse, located at 1301 Madison Ave in Covington, Kentucky (zip code 41011), presents a significant opportunity for businesses seeking ample space for storage and distribution. The property boasts a single-tenant occupancy, offering complete control and flexibility to the lessee. The building sits on a substantial 9.543-acre lot, providing ample room for expansion or future development. The warehouse features a generous ceiling height of 16 feet, accommodating a variety of storage and operational needs. Loading and unloading are facilitated by five conveniently located loading docks and five drive-in doors, ensuring efficient material handling. The property is zoned CG-1 M and MUC-0, Commercial General District with a Mixed Use Corridor Overlay (City of Covington), offering potential for diverse uses within the established zoning regulations. This prime location in Covington, Kentucky offers easy access to major transportation routes, making it an attractive option for businesses seeking efficient logistics and distribution capabilities. The entire 205,000 square feet is currently vacant and ready for immediate occupancy.

Property profile

Verified
Property type Warehouses
Total area 205,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Warehouse & Storage

Location

1301 Madison Ave Covington, KY 41011
Covington metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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