You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
New search
Property profile & analytics
FOR SALE
Parking lots & garages

140 W 38Th St Covington, KY 41015

1 ac lot
Entity Owned 3-yr Hold Free & Clear
Property ID
US34-0121274
Property summary
AI-generated overview

This Covington, Kentucky industrial property offers 24,600 square feet of versatile flex, manufacturing, and warehouse space, ideal for a variety of businesses. Located at 140 W 38th St, this single-story building sits on a 0.83-acre lot and is zoned SI. The property features two units, each priced at $750,000, totaling $1,500,000. The building boasts a 19-foot ceiling height, providing ample vertical space. Loading capabilities include two loading docks, enhancing operational efficiency. Additional features include convenient drive-in access points (one 20' wide x 16' tall, one 12' x 12', and one 12' x 16'), 34 x 20 column spacing for clear span, and eleven parking spaces. The property is divisible, offering 18,000 square feet and 6,600 square feet options. Gas heating is provided. This exceptional property presents a unique opportunity for businesses seeking a functional and strategically located industrial space in Kenton County, KY (APN: 056-14-07-001.02). The price per square foot is $60.98.

Property profile
Verified
Property type Parking lots & garages
Use group PARKING LOT
Lot 1 ac (43,560 SF)
APN 056-14-07-001.03
UPID US34-0121274
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$800k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$785k
Owner & transaction history
Latonia Bulk LLC · 3 yrs held
Latonia Bulk LLC
since 2023
Last sale
$735,000
3 recorded transactions
2023
Price N/A
2023
Price N/A
2022
$735,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message