500 Green StHenderson, KY 42420

Property Details for 500 Green St

Year built

2010

Construction

STEEL FRAME

Lot size

1.40 AC

Property type

Retail properties

Property subtype

Strip malls

APN

3-2-1-8

APU

3218

Description

This exceptional Henderson, KY retail property at 500 N. Green St. offers a versatile 3,000 square foot space within a larger 11,880 square foot building. The property features a single-story, multi-tenant building with a total of three suites. Currently, 3,000 square feet are available for lease, presenting a significant opportunity for a variety of retail businesses. The building boasts ample parking, ensuring convenient access for customers and employees. The property's location provides high visibility and excellent access, making it an ideal choice for businesses seeking a strong presence in a thriving commercial area. The responsive management services ensure a smooth and efficient leasing experience. This property is perfectly suited for a single retail storefront or a larger strip center development, offering flexibility to accommodate diverse business needs. The modern and adaptable layout allows for customization to fit specific requirements. Don't miss this chance to secure a prime retail location in a sought-after Henderson, KY commercial hub. This is a rare opportunity to establish a prominent retail presence and capitalize on the high traffic and visibility of this exceptional property.

• CAP approach

  CAP return

  Valuation

  6%

  $15,486,615

  6.5%

  $14,295,337

  7%

  $13,274,241

• Comparable approach

  Method

  Valuation

  Relative Method

  $13,228,747

  Geo Method

  $13,228,747

• Alternative Use

  Use

  Valuation

  Residential

  $12,058,652

  Hospitality

  $11,045,660

  Educational

  $9,189,859

  Medical

  $9,505,913

  Retail

  $14,295,337

Location Insight

City

Henderson

County

Henderson

State

Kentucky

Latitude

37.8435

Longitude

-87.5853

CBSA code

21780

CBSA name

EVANSVILLE, IN-KY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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