2600 Zion RdHenderson, KY 42420

Property Details for 2600 Zion Rd

Year built

1986

Construction

STEEL FRAME

Lot size

1.00 AC

Property size (Sq ft)

8,239 SF

Zone code

COMMERCIAL

Property type

Banks

APN

66-58

APU

6658

Description

This exceptional commercial property at 2600 Zion Rd, Henderson, KY 42420, offers a unique opportunity to lease a substantial executive office space. The building, constructed in 1986, boasts a total of 8,239 square feet across two stories, situated on a one-acre lot (210x227 dimensions). Currently, 4,223 square feet on the first floor is available for lease, while the second floor (4,016 sq ft) is occupied. The minimum divisible space is 4,223 square feet, and this is also the maximum contiguous space available. The property features a total of two suites. The lease is a triple net (NNN) lease with an annual rate of $10 per square foot. Property taxes for 2019 were $8,243.60. The property is zoned commercial and has an APN of 66-58. This location offers excellent visibility and accessibility, situated near Henderson County School, Bath & Body Works, Independence Bank, and Dixon's Appliance & Furniture. This is an ideal space for businesses seeking a prominent presence in a thriving Henderson County community. The property's convenient location and ample square footage make it a highly desirable option for a variety of commercial uses.

• CAP approach

  CAP return

  Valuation

  6%

  $2,092,257

  6.5%

  $1,931,314

  7%

  $1,793,363

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,787,217

  Geo Method

  $1,787,217

• Alternative Use

  Use

  Valuation

  Residential

  $1,629,136

  Hospitality

  $1,492,280

  Educational

  $1,241,559

  Medical

  $1,284,258

  Retail

  $1,931,314

Location Insight

City

Henderson

County

Henderson

State

Kentucky

Latitude

37.8276

Longitude

-87.5568

CBSA code

21780

CBSA name

EVANSVILLE, IN-KY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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