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    512 Barret Blvd Henderson, KY 42420

    Sponsored
    For Sale
    $1,625,000

    Established Restaurant, 16,500 SF, High-Traffic Area

    Property size:
    16,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A restaurant property, located at 512 Barret Blvd in Henderson, Kentucky, presents a lucrative investment opportunity. Boasting a substantial 16,500 square feet of net rentable space, this single-story building sits on a generous 2.03-acre lot. Constructed in 1988 and extensively renovated in 2017, the property is in excellent condition and ready for immediate occupancy. The asking price is $1,625,000, translating to a price per square foot of $98.48. The property is zoned for commercial use, ensuring flexibility and potential for various business ventures. Its prime location in Henderson, Kentucky, within Henderson County (zip code 42420), guarantees high visibility and accessibility. The property's single-unit structure simplifies management and operation. Detailed property records are available upon request, including the APN number (65L-19). This turnkey restaurant presents a rare chance to acquire a well-maintained, established business in a thriving Kentucky market. Don't miss this opportunity to own a piece of Henderson's vibrant culinary scene.

    Property Features for 512 Barret Blvd

    General Information

    Property type
    Restaurants
    Square Feet
    16,500 SF
    Class
    A
    Lot Size
    88,427 SF

    Building Details

    Year Built/Renovated
    1988/2017
    Buildings
    1
    Stories
    1
    Units
    1
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Henderson
    County
    Henderson
    State
    Kentucky
    Longitude
    -87.571748355267
    Latitude
    37.863346739671

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    FAQs

    What type of property is this?
    Restaurant - Established Restaurant, 16,500 SF, High-Traffic Area
    Where is this restaurant located?
    The property is located at 512 Barret Blvd Henderson, KY.
    What is the asking price?
    The asking price for this property is $1,625,000.
    Request Owner's contact information
    512 Barret Blvd Henderson, KY 42420
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    Henderson, KY 42420
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    512 Barret Blvd Henderson, KY 42420
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