1116 Russell St Covington, KY 41011

OFF-MARKET

Auto shops

Property ID

US34-0274776

21,500 SF 0.86 ac lot

Entity Owned 4-yr Hold ~ Est. High Equity

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This exceptional 22,080-square-foot warehouse, located at 1116 Russell St in Covington, Kentucky, presents a significant opportunity for industrial businesses. The single-tenant property sits on a 0.86-acre lot and boasts a spacious interior with a 13-foot ceiling height, providing ample room for storage and operations. Built in 1975, the warehouse offers two convenient drive-in doors for easy loading and unloading. Parking is readily available with 40 spaces provided on-site. The property features robust electrical service, including 120/208/3-phase power with 200+ amps, ensuring sufficient power for a wide range of industrial applications. The property's APN is 054-22-39-009.00, and it is located in Kenton County, Kentucky, zip code 41011. The entire 22,080 square feet is currently vacant and available for lease. This property is ready for immediate occupancy.

Property type Auto shops

Use group AUTO REPAIR, GARAGE

Total area 21,500 SF

Lot 0.86 ac (37,462 SF)

APN 054-22-39-009.00

UPID US34-0274776

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

1116 Russell St Covington, KY 41011

Covington metro Census 60700 CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA

Google Maps

AI Approach AI

$745k

CAP Approach CAP

by Request

Comparable Approach Comparable

by Request

Blend (final) Blend

$610k

since 2022

Last sale

$675,018

1 recorded transaction

2022

$675,018

Comparables

6 recent transactions · within 1.5 mi

Comparable in this City

Value Estimation
$610,000

4,140 SF

429 Greenup St

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Value Estimation
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1042 Russell St

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907 Lewis St, Unit 15

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907 Lewis St, Covington, KY 41011-2038

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Value Estimation
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224 Trevor St, Unit 28

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224 Trevor St, Covington, KY 41011-3200

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