1 Sandbank Rd Ludlow, KY 41016

Exceptional investment opportunity: This single-story, 83,682 square foot Class C warehouse in Ludlow, Kentucky, is available for sale at $4,184,000, representing a 10% cap rate. The property, built in 1980, sits on a 5.33-acre lot and features five loading docks, one drive-in door, and a ceiling height ranging from 20 to 25 feet. The warehouse space totals 79,402 square feet, complemented by 4,280 square feet of office space. Currently 100% vacant, this owner-user opportunity presents significant potential. The property boasts a wet sprinkler system and 1200 Amp electrical service. Its convenient location, just 2.6 miles from I-71/75 via Hwy Ave, offers easy access to major transportation routes and is near popular attractions including FC Cincinnati Stadium, Over-the-Rhine, Reds Stadium, and Bengals Stadium. The lease type is NNN, with the previous tenant, U.S. Nonwovens, having vacated on October 31, 2024. This presents a unique chance to acquire a substantial industrial property in a desirable location. The asking price per square foot is $50.