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    128 North Ave Flora, IL 62839

    Sponsored
    For Sale
    $140,000

    Prime retail space, high visibility, 5,685 sq ft.

    Property size:
    5,685 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional commercial property, located at 128 W North Avenue in the heart of downtown Flora, Illinois, presents a unique opportunity for business owners. The building boasts 5,685 square feet of space situated on a 0.3-acre lot (13,200 square feet). Its prime downtown location ensures high visibility and excellent foot traffic, making it ideal for a variety of retail or commercial ventures. Constructed as a newer building in the downtown area, it offers modern amenities and a fresh aesthetic. The interior features impressive tall ceilings, creating an open and airy atmosphere conducive to a range of business uses. The property's design prioritizes convenience, with easy access for both customers and deliveries. Abundant natural light and prominent street frontage enhance the storefront's appeal, ensuring maximum visibility for your business. This property is ready for immediate occupancy and represents a strong investment in a thriving downtown location. The asking price is $140,000. Don't miss this chance to secure a prominent presence in Flora's bustling commercial district.

    Property Features for 128 North Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    5,685 SF
    Lot Size
    13,068 SF

    Building Details

    Year Built
    1978
    Property Profile Location Intelligence

    Current Use by Public Records

    North Wayne Insurance Insurance Agency

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Flora
    County
    Clay
    State
    Illinois
    Longitude
    -88.48722
    Latitude
    38.66879

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    FAQs

    What type of property is this?
    Commercial real estate - Prime retail space, high visibility, 5,685 sq ft.
    Where is this commercial real estate located?
    The property is located at 128 North Ave Flora, IL.
    What is the asking price?
    The asking price for this property is $140,000.
    Request Owner's contact information
    128 North Ave Flora, IL 62839
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    Flora, IL 62839
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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
    128 North Ave Flora, IL 62839
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