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    244 Lincoln Blvd Shawneetown, IL 62984

    For Sale
    Contact for pricing

    Prime Commercial Property, Road Frontage, Generator

    Property size:
    300 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional commercial property in Shawneetown, Illinois, presents a unique investment opportunity. Situated at 244 N Lincoln Boulevard, the 300-square-foot lot offers significant road frontage, ideal for a variety of commercial ventures. The property features a versatile, 12x27-foot block building at the rear, providing approximately 324 square feet of heated and cooled space. Previously used for storage, this building offers immediate utility with a steel door and secure fenced area. A Generac generator ensures reliable power. The roof is approximately eight years old, and gas and electric services are readily available at the building. The front portion of the lot is open, allowing for new construction or the addition of separate structures, expanding the property's potential. Its convenient location next to a medicine shop provides high visibility and potential synergy. This property is priced affordably at $19,900, making it an attractive investment for entrepreneurs and developers seeking a well-positioned commercial space in a growing area. The combination of existing building, open land, and prime location makes this a rare find. The property's existing infrastructure and convenient location offer immediate potential for a variety of uses. Don't miss this chance to acquire a valuable commercial asset in Shawneetown.

    Property Features for 244 Lincoln Blvd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    300 SF

    Building Details

    Year Built
    2004
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Hair Salon Auto Repair Shop Nail Salon Hotel & Motel Pharmacy Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Shawneetown
    County
    Gallatin
    State
    Illinois
    Longitude
    -88.1863
    Latitude
    37.71476

    Nearby Comparable

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Commercial Property, Road Frontage, Generator
    Where is this commercial real estate located?
    The property is located at 244 Lincoln Blvd Shawneetown, IL.
    What is the asking price?
    The asking price for this property is $19,900.
    Request Owner's contact information
    244 Lincoln Blvd Shawneetown, IL 62984
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    Shawneetown, IL 62984
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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
    244 Lincoln Blvd Shawneetown, IL 62984
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