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    57 Cummings Dr Walton, KY 41094

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    57 Cummings Dr Walton, KY 41094


    • Warehouses
    • 15,080 SF
    • 1.85 lot acres
    Heated Industrial Space Available For Lease
    $1,975,000
    11,300 SF

    Heated Industrial Space Available

    11,300 sq ft heated industrial space with drive-in door.

    57 Cummings Dr, Walton, KY 41094
    View Listing
    Property ID
    US34-0578884
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,975,000
    Cap Rate Potential
    5.9%
    Warehouses
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 57 Cummings Dr

    Year built
    1998
    Construction
    TYPE NOT SPECIFIED
    Lot size
    1.85 lot acres
    Property size
    15,080 SF
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    076.00-02-011.00
    APU
    76000201100

    Description

    This exceptional 7,000 square foot industrial space, part of the larger 21,800 square foot Weldmeister building in Walton, Kentucky, presents a prime opportunity for businesses seeking efficient and well-maintained facilities. Located at 57 Cummings Drive, 41094, this property offers one drive-in door and ample on-site parking, catering to diverse operational needs. Built in 1999 and renovated in 2004, the building is zoned I-1 and sits on a 1.85-acre lot (APN: 076.00-02-011.00). The space is heated and provides a professional environment conducive to productivity and growth. The property is situated in the Walton submarket cluster of Northern Kentucky, offering convenient access to key transportation routes and amenities. While the entire building comprises 21,800 square feet, the minimum divisible space is 7,000 square feet, with a maximum contiguous space also at 7,000 square feet. This makes it ideal for a single tenant seeking a functional and well-located industrial space. The property's features and location make it an attractive option for businesses seeking to establish or expand their operations in Northern Kentucky. This is a multi-tenant building.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,210,000
      ML approach
      $2,160,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $2,160,000
      6.5%
      $1,995,000
      7%
      $1,850,000
    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $1,895,000
      Current use
      COMMERCIAL (GENERAL)
      $2,605,000
      Change: +37% Conversion: Difficult
      OFFICE BUILDING
      $2,000,000
      Change: +6% Conversion: Difficult
      RETAIL STORES
      $1,925,000
      Change: +2% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Walton
    County
    Boone
    State
    Kentucky
    Longitude
    -84.6077
    Latitude
    38.9025
    CBSA code
    17140
    CBSA name
    CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $19,264
    $400,000
    $1,350,000
    $1,750,000
    -
    $400,000
    $1,350,000
    $1,750,000
    View Listing
    More about this property
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