57 Cummings Dr Walton, KY 41094
- Warehouses
- 15,080 SF
- 1.85 lot acres
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 Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,210,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,745,000
- 6.5%
- $1,885,000
- 7%
- $1,755,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,090,000
- Geo Method
- $1,660,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,740,000
- Retail
- $1,775,000
- Mixed-Use
- $1,575,000
- Hospitality
- $1,685,000
- Educational
- $1,775,000
- Residential Income
- $1,955,000
- Energy
- $1,835,000
- Income-Based Land
- $1,950,000
- Food Service
- $1,755,000
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