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    1156 1St St Henderson, KY 42420

    Sponsored
    For Lease
    $5 SF/Yr

    Versatile Warehouse & Office Space Available

    Lot size:
    99,735 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Henderson, KY industrial property, located at 1156 1st St, zip code 42420, offers a diverse range of spaces ideal for various business needs. Comprising four single-story buildings totaling 99,735 square feet on a 5.66-acre lot, this multi-tenant property presents significant opportunities. The property features a variety of space types including traditional office, refrigerated/cold storage, manufacturing, flex, warehouse, and distribution space, with units ranging from a minimum of 1,000 square feet to a maximum contiguous space of 52,380 square feet. Currently, there are 14 suites, with 37,382 square feet of vacant space available. The buildings boast a 16-foot ceiling height, enhancing operational efficiency. Loading and unloading are facilitated by nine loading docks and four dock-high doors. The property benefits from 330-amp power and is conveniently located in the Evansville submarket of Henderson County. Rail access is available, making it particularly suitable for logistics operations and businesses requiring efficient inventory management of both raw materials and finished goods. Cold storage and freezer storage options are also available. This property presents a unique opportunity to secure versatile and strategically located industrial space in a thriving market.

    Property Features for 1156 1St St

    General Information

    Property type
    Refrigerated & Cold Storages
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    99,735 SF
    Total Rate
    41556.25

    Building Details

    Buildings
    4
    Stories
    1

    Unit(s) available at that property

    Space
    Building 1 - Office
    Size
    2,160 SF
    Rate per SF
    $5
    Space
    Building 1 - Workshop
    Size
    1,026 SF
    Rate per SF
    $5
    Space
    Building 1 - Multiple Bays
    Size
    28,502 SF
    Rate per SF
    $5
    Space
    Building 2 - Connection
    Size
    1,728 SF
    Rate per SF
    $5
    Space
    Building 5 Section next to Freezer
    Size
    1,016 SF
    Rate per SF
    $5
    Space
    Freezer Room
    Size
    2,400 SF
    Rate per SF
    $7
    Space
    Cooler Room
    Size
    1,000 SF
    Rate per SF
    $7

    HighLights

    • On‑site rail spur.
    • Excellent highway access via I‑60 and I‑69; within one day's drive of two‑thirds of the US population.
    • Two‑hour drive to Nashville, TN and Louisville, KY.
    • Three‑hour drive to St. Louis, MO and Indianapolis, IN.
    • Proximity to numerous Henderson, KY manufacturers, including Accuride, Pratt Paper, and International Paper.
    • Cold and freezer storage available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Matrix Composit Inc Warehouse

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Henderson
    County
    Henderson
    State
    Kentucky
    Longitude
    -87.57775256
    Latitude
    37.8329022

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    FAQs

    What type of property is this?
    Refrigerated / Cold Storage - Versatile Warehouse & Office Space Available
    Where is this refrigerated / cold storage located?
    The property is located at 1156 1St St Henderson, KY.
    What is the lease rate?
    The lease rate is $5-$7 SF/Yr.
    What are key features of this property?
    This property features: On-site rail spur.; Excellent highway access via I-60 and I-69; within one day's drive of two-thirds of the US population.; Two-hour drive to Nashville, TN and Louisville, KY.
    Request Owner's contact information
    1156 1St St 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
    1156 1St St Henderson, KY 42420
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