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Property profile & analytics
OFF-MARKET
Warehouses

1301 Madison Ave Covington, KY 41011

205,000 SF
Property ID
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Commonwealth Inc. Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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