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    301 Mattes Ave Vandalia, IL

    For Lease
    $1,900 /Mo ($14 SF/Yr)

    Retail space available in established Vandalia Commons shopping center.

    Property size:
    1,522 SF
    Lot size:
    4.10 Acres

    Property Features for 301 Mattes Ave

    General Information

    Size
    1,522 SF
    Lot size
    4.10 Acres

    Source: BARBERMurphy Agent John L Eichenlaub

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Vandalia Commons

    Located in Vandalia, Illinois, this retail space is situated within Vandalia Commons, an office and retail center positioned in front of a Wal-Mart. The available space measures 1,522 square feet and is suitable for retail or office use. Current tenants in Vandalia Commons include Rent-A-Center, AT&T, Verizon, Dollar Tree, Goodwill, and China King.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Vandalia
    County
    Fayette
    State
    Illinois
    Longitude
    -89.0936778
    Latitude
    38.9606009

    Nearby Similar for Lease

    • $3 SF/Yr
      52,600 SF

      Vandalia Manufacturing Plant for Lease

      52,600 SF manufacturing plant on 7.5 acres available for lease.
      2021 Illini Ave, Vandalia, IL 62471
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail space available in established Vandalia Commons shopping center.
    Where is this shopping center located?
    The property is located at 301 Mattes Ave Vandalia, IL.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: - Located in Vandalia Commons, a well-established office/retail center.; - Positioned in front of a Wal-Mart, offering **high visibility and traffic**.; - **1,522 SF space available for lease.**
    (618) 277-4400
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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
    301 Mattes Ave Vandalia, IL
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