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    2278 Green St Henderson, KY 42420

    Sponsored
    For Sale
    $675,000

    Prime 1.5-acre restaurant site, $675,000.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.48-acre commercial property in Henderson, Kentucky, presents a unique investment opportunity. Located at 2278 S Green St (US-60), this property boasts a 2,028 square foot building constructed in 1963, currently zoned for commercial use, and includes Parcel IDs 46-75 and 46-76. The existing structure is ideal for a restaurant, with ample space for both indoor and outdoor dining. The additional land offers significant potential for expansion or outdoor events. Its convenient location offers high visibility and accessibility, situated near established businesses such as Gibbs Die Casting, Royster's Production Machining, and Corkscrew Curiosities Antique Store. The property's current zoning allows for commercial use, but rezoning could potentially open up industrial development possibilities. The asking price for this turnkey opportunity is $675,000. This single-story building sits on a one-acre-plus lot, providing a substantial footprint for a variety of commercial ventures. This is a rare chance to acquire a well-situated property with significant upside potential in a thriving Kentucky community. The property is ready for immediate occupancy.

    Property Features for 2278 Green St

    General Information

    Property type
    Restaurants
    Lot Size
    64,469 SF

    Building Details

    Year Built
    1963
    Buildings
    1
    Stories
    1
    Units
    1
    Property Profile Location Intelligence

    Current Use by Public Records

    Heady's Pizza Henderson Pizza Restaurant

    Suggested Use

    Restaurant Building Supply Dental Office Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel Auto Parts Store Department Store HVAC Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Henderson
    County
    Henderson
    State
    Kentucky
    Longitude
    -87.636947076067
    Latitude
    37.803965964168

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    FAQs

    What type of property is this?
    Restaurant - Prime 1.5-acre restaurant site, $675,000.
    Where is this restaurant located?
    The property is located at 2278 Green St Henderson, KY.
    What is the asking price?
    The asking price for this property is $675,000.
    Request Owner's contact information
    2278 Green St 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
    2278 Green St Henderson, KY 42420
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