Property profile

7375 Industrial Rd Florence, KY 41042

FOR SALE
Flex space
Property ID
US34-0635862
281,894 SF 18.18 ac lot Built 1966
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
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For Sale
Contact for pricing 281,894 SF
7375 Industrial Rd, Florence, KY 41042
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Property summary

AI-generated overview

The property is a 270,000 SF industrial facility with more than 25,000 SF of office space, located on 18.18 acres in the Northern KY Industrial Park in close proximity to major highways and transportation routes, including Interstate 75. The warehouse/shop area features clear heights of approximately 16 to 24 feet, with 8 loading docks and more than 5 drive-in doors of varying sizes. Heavy electrical power is available throughout the building, and the majority of the shop area is equipped with HVAC and LED lighting. The shop includes airlines, busduct, and power drops, along with argon, nitrogen, and CO2 lines. Specialized functional areas include powder coat and sand blast/painting areas, hazmat and pre-treatment rooms, and test cell areas. For welding operations, smoke eaters are installed throughout, and the building has been used with cranes throughout. The facility is zoned for industrial use and is configured for warehousing, manufacturing, and distribution activities.

Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1966
Construction TYPE NOT SPECIFIED
Total area 281,894 SF
Lot 18.18 ac (791,921 SF)
APN 073.00-00-028.00
UPID US34-0635862

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Environmental Engineer
  • Industrial Manufacturer Production Facility

Location

7375 Industrial Rd Florence, KY 41042
Florence metro Census 70301 CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.75M

Owner & transaction history

since 2019
3 recorded transactions
2019
$12.3M
2016
$9.5M
2010
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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