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    437 Poplar St Centralia, IL 62801

    Sponsored
    For Sale
    $49,900

    Versatile warehouse space, ample parking, B-4 zoning.

    Property size:
    6,400 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    342
    This exceptional commercial property located at 437 N Poplar Street in Centralia, Illinois, presents a fantastic opportunity for warehouse, storage, or other business uses. The property boasts a generous 0.36-acre corner lot providing ample parking for customers and employees. The main feature is a pair of versatile pole-framed metal-sided buildings, each measuring 3,200 square feet, totaling 6,400 square feet of usable space. Both buildings offer convenient access via sliding doors and feature durable concrete floors and a concrete drive. The property's Business B-4 zoning allows for a wide range of commercial activities. This presents a significant advantage for businesses seeking flexible and adaptable space. The buildings are well-suited for various storage or warehouse needs, offering substantial space for inventory, equipment, or operations. The strategic location and ample parking make this property highly attractive for businesses seeking visibility and convenient access. In addition to outright purchase at $49,900, the property is also available for lease at an annual gross rate of $2.50 per square foot. This presents a dual opportunity for potential buyers and tenants seeking a prime commercial location in Centralia.

    Property Features for 437 Poplar St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    6,400 SF
    Lot Size
    15,682 SF

    Building Details

    Year Built
    1979
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Centralia
    County
    Marion
    State
    Illinois
    Longitude
    -89.13086
    Latitude
    38.53209

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    FAQs

    What type of property is this?
    Commercial real estate - Versatile warehouse space, ample parking, B-4 zoning.
    Where is this commercial real estate located?
    The property is located at 437 Poplar St Centralia, IL.
    What is the asking price?
    The asking price for this property is $49,900.
    Request Owner's contact information
    437 Poplar St Centralia, IL 62801
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    Centralia, IL 62801
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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
    437 Poplar St Centralia, IL 62801
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