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Property profile & analytics
FOR LEASE
Warehouses

57 Cummings Dr Walton, KY 41094

15,080 SF 1.85 ac lot Built 1998
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US34-0578884
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1998
Construction TYPE NOT SPECIFIED
Total area 15,080 SF
Lot 1.85 ac (80,586 SF)
APN 076.00-02-011.00
UPID US34-0578884
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
$2.16M
CAP Approach CAP
$2.00M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.98M
Owner & transaction history
Ak Commercial Properties LLC · 3 yrs held
Ak Commercial Properties LLC
since 2022
Last sale
$1.8M
4 recorded transactions
2022
$1.8M
2020
Price N/A
2019
Price N/A
2019
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $2.6M +37.5%
Office building $2.0M +5.6%
Retail stores $1.9M +1.6%
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