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Property profile & analytics

6007 Godfrey Rd Godfrey, IL 62035-2428

  • Commercial real estate
  • 2,938 SF
  • 0.26 lot acres
OFF-MARKET
Value Estimations
$285,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US28-2143165
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

  • Commercial real estate

Property Details for 6007 Godfrey Rd

Year built
1970
Lot size
0.26 lot acres
Property size
2,938 SF
Property type
Commercial real estate
APN
24-2-01-23-03-303-002-001
APU
242012303303002001

Description

This exceptional commercial property, situated at 6007 Godfrey Road in Godfrey, Illinois, presents a remarkable opportunity for business owners. Boasting a prime location on Godfrey Road (Route 67), this well-established retail space benefits from high traffic volume and excellent visibility. The 0.26-acre lot provides approximately 116 feet of road frontage, ensuring maximum exposure. The building itself features a spacious showroom, a sizable shop area, and a large covered storage area, offering ample space for various business needs. Recent upgrades significantly enhance the property's value and functionality. These include a new membrane roof installed in 2021, a new furnace in 2022, and a new water heater in 2023, minimizing maintenance concerns for the new owner. Conveniently located just two minutes from Illinois Route 255 access, this property enjoys easy access to major transportation routes. Its position in the heart of Godfrey's bustling business corridor guarantees a strong customer base and significant growth potential. Priced at $225,000, this property represents an outstanding investment opportunity in a thriving commercial area. The building's size is not specified in the provided information.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $280,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $480,000
    6.5%
    $440,000
    7%
    $410,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $246,000
    Market price range: $186k - $520k
    AI Estimate
    $230,000
    Market price range: $179k - $514k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Godfrey
County
Madison
State
Illinois
Longitude
-90.1903
Latitude
38.9542
CBSA code
41180
CBSA name
ST. LOUIS, MO-IL 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
2022
$4,055
$12,670
$43,980
$56,650
-
$38,048
$132,072
$170,120
More about this property
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