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    17774 Mercantile Dr Nashville, IL 62263

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    For Sale
    $3,520,000

    21,622 SF retail property in Nashville, IL for sale.

    Property size:
    21,622 SF
    Lot size:
    1.92 Acres

    Property Features for 17774 Mercantile Dr

    General Information

    Size
    21,622 SF
    Lot size
    1.92 Acres

    Source: CORE Real Estate Group Agent Tony Gagliano

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

    Overview

    Nashville, IL Retail Opportunity

    This 21,622 square foot retail property is located in Nashville, Illinois. The property is positioned near the I-64 Interstate Highway, approximately 50 minutes from the St. Louis metro area. The surrounding area is characterized by farming and agriculture. The nearest Tractor Supply is located in Carlyle, IL (20 Miles), and Mt Vernon, IL (27 Miles). The property is subject to a long-term 15-year NN lease.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Tractor Supply Co. Animal Feed Store Garden Center at Tractor ... Garden Center

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Clothing Store Gym & Fitness Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Nashville
    County
    Washington
    State
    Illinois
    Longitude
    -89.375055
    Latitude
    38.358254

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    FAQs

    What type of property is this?
    Storefront property - 21,622 SF retail property in Nashville, IL for sale.
    Where is this storefront property located?
    The property is located at 17774 Mercantile Dr Nashville, IL.
    What is the asking price?
    The asking price for this property is $3,520,000.
    What are key features of this property?
    This property features: - Long term 15 year NN lease; - Right next to I-64 Interstate Highway; - Only 50 minutes away from St. Louis metro area
    (636) 359-2537
    Request Owner's contact information
    17774 Mercantile Dr Nashville, IL 62263
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    Nashville, IL 62263
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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
    17774 Mercantile Dr Nashville, IL 62263
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