Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    2222 Us Highway 41 Henderson, KY 42420

    • Turn key restaurants
    • 6,152 SF
    • 0.81 lot acres
    For Lease
    View listing
    $20 SF/Yr
    Value Estimation
    $735,000
    Last Sale
    Jun 15, 2022
    $650,000
    Location Intelligence
    Property ID
    US34-1660759
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • August Third / Restaurant

    Property Details for 2222 Us Highway 41

    Year built
    1984
    Construction
    WOOD
    Lot size
    0.81 lot acres
    Property size
    6,152 SF
    Zone code
    COMMERCIAL
    Property type
    Turn key restaurants
    APN
    65B-48
    APU
    65B48

    Description

    This exceptional 3,083-square-foot restaurant space is ideally situated on US Highway 41 in Henderson, Kentucky. Boasting ample parking and direct highway access, this single-tenant property offers unparalleled visibility and convenience. The building features a completely open, white box finish, providing a blank canvas for your culinary vision. A large grease trap is already installed, saving you significant time and expense during build-out. The property fronts Highway 41 for 148 feet, ensuring maximum exposure to the high traffic volume of 35,246 AADT. Its Commercial zoning allows for a variety of restaurant concepts. The location benefits from proximity to numerous established businesses, including Sleep Inn, Car-Mart, Burger King, Showplace Cinemas, KFC, and Maldonado Construction, creating a vibrant and thriving commercial environment. The lease price is $20 per square foot, NNN. The property's APN is 65B-48, located in Henderson County. This prime location and versatile space present a remarkable opportunity for restaurant entrepreneurs seeking high visibility and strong potential for success. Don't miss this chance to establish your business in a bustling area with excellent accessibility and a supportive commercial landscape.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $735,000

    • CAP approach

      CAP return
      Estimation
      6%
      $705,000
      6.5%
      $750,000
      7%
      $680,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $775,000
      Geo Method
      $755,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $640,000
      Retail
      $750,000
      Mixed-Use
      $645,000
      Hospitality
      $785,000
      Educational
      $790,000
      Residential Income
      $745,000
      Energy
      $680,000
      Income-Based Land
      $705,000
      Food Service
      $765,000

    Location Insight

    • Map
    • Local Demand
    City
    Henderson
    County
    Henderson
    State
    Kentucky
    Longitude
    -87.5707
    Latitude
    37.8688
    CBSA code
    21780
    CBSA name
    EVANSVILLE, IN-KY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,267
    $0.00
    $0.00
    $650,000
    -
    $0.00
    $0.00
    $650,000

    Comparable in this City

    • Value Estimation by Request
      6,472 SF

      2053 Us Hwy 41st N

      RESTAURANT • 6,472 SF
      2053 Us Hwy 41st N, Henderson, KY 42420-2350
      View Details
    • Value Estimation by Request
      1,330 SF

      418 Ctr St

      RESTAURANT • 1,330 SF
      418 Ctr St, Henderson, KY 42420-3247
      View Details
    • Value Estimation by Request
      4,032 SF

      213 Hwy 2084th S

      RESTAURANT • 4,032 SF
      213 Hwy 2084th S, Henderson, KY 42420-8321
      View Details
    • Value Estimation by Request
      1.09 Acres

      192 Gardenmile Rd

      RESTAURANT • 1.09 Acres
      192 Gardenmile Rd, Henderson, KY 42420-5512
      View Details
    • Value Estimation by Request
      3,136 SF

      936 Grn St

      RESTAURANT • 3,136 SF
      936 Grn St, Henderson, KY 42420-2749
      View Details
    • Value Estimation by Request
      2,799 SF

      713 Grn St

      RESTAURANT • 2,799 SF
      713 Grn St, Henderson, KY 42420-2950
      View Details

    Similar Nearby for Sale

    • $995,000
      18,726 SF

      Iconic Venue with Development Potential

      Turnkey venue with development potential in Henderson's vibrant downtown.
      120 N Elm St, Henderson, KY 42420
      View Details
    • $675,000
      2,028 SF

      Restaurant Space with Extra Land

      Restaurant space with equipment and real property included in sale.
      2278 S Green St, Henderson, KY 42420
      View Details
    • $1,625,000
      16,500 SF

      Henderson Restaurant - Prime Location

      Established Restaurant, 16,500 SF, High-Traffic Area
      512 Barret Blvd, Henderson, KY 42420
      View Details
    • $675,000
      1.48 Acres

      Henderson Restaurant & Commercial Land

      Prime 1.5-acre restaurant site, $675,000.
      2278 Green St, Henderson, KY 42420
      View Details
    • $2,028,883
      2,925 SF

      KFC NNN Investment Property

      NNN KFC property in Henderson, KY with corporate guarantee.
      2236 Us Highway 41 N, Henderson, KY 42420
      View Details
    • $375,000
      900 SF

      Paved Parking Area with Office

      Parking area with 900 SF office space for sale.
      405-415 8Th St, Henderson, KY 42420
      View Details

    Similar Nearby for Lease

    • $6 SF/Yr
      120,959 SF

      Audubon Village Retail Spaces

      Henderson, KY: Prime Retail Opportunity
      2480 Us Highway 41, Henderson, KY 42420
      View Details
    • $20 SF/Yr
      3,083 SF

      Highway 41 Restaurant Space

      Henderson, KY Restaurant - 3,083 SF
      2222 Us Highway 41, Henderson, KY 42420
      View Details
    • $18 SF/Yr
      10,125 SF

      Highway 41 N Office Suite A

      Henderson, KY Office Space Available
      2202 Us-41, Henderson, KY 42420
      View Details
    • $2,160 /Mo
      1,728 SF

      Downtown Henderson Commercial Space Available

      Prime commercial space in downtown Henderson near riverfront.
      110 3Rd St, Henderson, KY 42420
      View Details
    • $2,935 /Mo
      2,348 SF

      Downtown Henderson Commercial Space Available

      Prime commercial space in downtown Henderson, Kentucky.
      110 3Rd St, Henderson, KY 42420
      View Details
    • $22 SF/Yr
      3,516 SF

      Prime Retail Space in Henderson

      Versatile commercial space with high visibility and customizable interior.
      336 Rettig Rd, Henderson, KY 42420
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2222 Us Highway 41
    Henderson, KY 42420
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.