Latonia, KY
Commercial Real Estate Market Trends & Data

$217 Avg asking sale price
$880 Avg asking lease rate
40,424 SF Avg unit lease size
37,357 SF Avg building size for sale
7.00% Average cap rate

Latonia's Demographic Profile

Latonia has 8,436 households and a median income of $63,316, providing context for rent absorption and tenant demand across retail and multifamily assets. A +2% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 21,030
# Households 8,436
Median age 40
Median household income $63,316
Avg household size 2.0
Renter-occupied housing units 2,558
5-year population change +2%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Latonia, KY

↻ Updated Monthly

{{marketTabDescriptions[activeMarketTab]}}

Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Newport $191 5,835 SF 10.00%
Covington $133 8,053 SF 10.00%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Latonia $108 61,373 SF 7.00%
Highland Heights $269 71,620 SF 7.00%
Wilder $191 71,620 SF 7.00%
Nearby Retail Markets Avg Cost/SF Typical Size
Latonia $573 26,111 SF
Taylor Mill $40 49,600 SF
Cold Spring $1,106 2,622 SF
Newport $182 4,565 SF
Wilder $40 49,600 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Newport $82 4,258 SF 8.04%
Covington $114 3,673 SF 8.04%
Oakley $126 14,535 SF 8.38%
Cincinnati $126 36,142 SF 11.25%

Commercial Properties For Sale in Latonia

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Covington 5-Plex

Covington, KY 41014

  • 4,126 SF Multifamily
  • $325,000
For Sale

180 W 43rd St

Covington, KY 41015

  • 1.64 AC Lot
  • 1 Commercial Lot
  • $550,000
For Sale

2 Tesseneer Dr

Highland Heights, KY 41076

  • 71,620 SF Flex Building
  • 7.00% Cap Rate
  • $13,673,000
For Sale

98 Jolly Drive

Wilder, KY 41076

  • 4.80 AC Lot
  • 1 Commercial Lot
  • $1,980,000
For Sale

0 Plum St

Wilder, KY 41076

  • 1.73 AC Lot
  • 1 Industrial Lot
  • $525,000
For Sale

The Decoursey Building

Covington, KY 41015

  • 49,600 SF Retail Building
  • $2,000,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

How Investors Evaluate Commercial Real Estate Markets

5 Key Questions About Note/Loan Sales, Answered
5 Key Questions About Note/Loan Sales, Answered
An Expert Broker Provides Guidance on Advantages, Disadvantages and Expected Returns
What is a Multifamily Home?
What is a Multifamily Home?
What is a multifamily home? Clear definition, types, how small assets differ from large for financing, metrics, plus basics of zoning, fair housing, and risks.
The Best Cities for Office Investing in 2026
The Best Cities for Office Investing in 2026
A data-driven ranking of 50 U.S. markets scored on yield, inventory, office employment trends, and building quality.
Understanding Your Property’s Walk Score
Understanding Your Property’s Walk Score
Learn about the Amenities, Data and Calculations Used to Generate Your Property’s Walk Score
Loan to Value
Loan to Value
Breaking down the loan to value concept, its calculations, and strategic financing options to enhance investment decisions in commercial real estate.
Internal Rate of Return
Internal Rate of Return
Clarifying IRR concepts, outlines calculation methods, and examining its application in commercial real estate to guide your investment decisions.
Operating Expenses in CRE
Operating Expenses in CRE
Learn how operating expenses affect net operating income and property value, how to benchmark your costs against market standards, and proven strategies to reduce expenses across different property types and lease structures.
Land Loans 101
Land Loans 101
Key Considerations When Applying for a Land Loan

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Latonia pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Latonia $217 37,357 SF
Taylor Mill $54 69,373 SF
Cold Spring $661 2,811 SF
Highland Heights $396 25,940 SF
Newport $147 6,649 SF

Regional Demographic Comparison

This comparison places Latonia alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Latonia or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Latonia 21,030 8,436 40 $63,316 2 2,558 2%
Taylor Mill 6,704 2,771 40 $71,874 2 850 3%
Cold Spring 5,972 2,592 44 $75,338 2 555 -1%
Highland Heights 6,146 2,601 32 $52,259 2 1,071 -1%
Newport 15,100 6,825 39 $60,492 2 3,915 3%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Latonia, KY and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Latonia

View All Commercial Real Estate For Sale in Latonia
Is Latonia a good market for a first-time commercial real estate investor?

Latonia offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Latonia?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Latonia. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Latonia?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Latonia. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Latonia compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Latonia. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Latonia acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Latonia, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

Nearby Cities
Commercial Market Reports