2610 Zion RdHenderson, KY 42420

Property Details for 2610 Zion Rd

Year built

1955

Construction

STEEL FRAME

Lot size

1.42 AC

Property size (Sq ft)

2,166 SF

Property type

Banks

APN

66-56.1

APU

66561

Description

This exceptional 2,464 square foot free-standing restaurant building, constructed in 2003, sits on a spacious 1.42-acre lot in Henderson, Kentucky. Ideally situated on Zion Road, it benefits from a high-visibility location as an outlot in front of Gardenside Shopping Center and Henderson County High School (over 2,000 students). The property enjoys convenient access to Pennyrile Parkway/US 41, providing easy connections to downtown Henderson and the "Henderson Strip." The building includes a 448 square foot canopy with two drive-thru lanes, adding significant operational flexibility. While previously used as a bank branch, a deed restriction related to banking use will be addressed at closing. The substantial lot size presents excellent potential for future expansion. This turnkey property offers a compelling opportunity for a restaurant operator seeking a prime location with high visibility and ample space. The asking price is $625,000, representing a price per square foot of $253.65. The property's APN is 66-56.1.

• CAP approach

  CAP return

  Valuation

  6%

  $550,046

  6.5%

  $507,735

  7%

  $471,468

• Comparable approach

  Method

  Valuation

  Relative Method

  $469,852

  Geo Method

  $469,852

• Alternative Use

  Use

  Valuation

  Residential

  $428,293

  Hospitality

  $392,314

  Educational

  $326,401

  Medical

  $337,626

  Retail

  $507,735

Location Insight

City

Henderson

County

Henderson

State

Kentucky

Latitude

37.8272

Longitude

-87.5557

CBSA code

21780

CBSA name

EVANSVILLE, IN-KY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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