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    2028 W Main St Salem, IL 62881

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    For Sale
    $11,285,715

    Single tenant NNN investment property constructed in 2023 and 2024.

    Property size:
    93,078 SF
    Lot size:
    22.86 Acres

    Property Features for 2028 W Main St

    General Information

    Size
    93,078 SF
    Lot size
    22.86 Acres

    Source: BARBERMurphy Agent Steve C Zuber

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

    Overview

    93,078 SF Industrial Investment Property

    This 93,078 square foot single tenant investment property is available for sale. Constructed in two phases, the first phase was completed in 2023 and features a steel frame and metal skin. The second phase was completed in 2024. The facility includes 8 docks and 3 drive-in doors, each measuring 12 feet by 14 feet. It is equipped with heavy power, featuring a 480V, 3ph, 1,200 amp electrical service. The lighting system consists entirely of LED lighting with motion sensors. The entire building is protected by an ESFR sprinkler system. The plant is fully air conditioned with 9 Rheem air handling units. Two complete air compressor circuits serve the two sections of the plant, each with an air compressor, dryer, receiving tank, and compressed airlines throughout the plant. These items will remain with the building and are not considered tenant's property. The tenant is responsible for all upkeep and maintenance of the equipment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Spa & Massage Nail Salon Building Supply Clothing Store Pharmacy Wholesale Shop Skin Care Clinic Accounting Firm Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Marion
    State
    Illinois
    Longitude
    -88.995043
    Latitude
    38.622358

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    FAQs

    What type of property is this?
    Manufacturing property - Single tenant NNN investment property constructed in 2023 and 2024.
    Where is this manufacturing property located?
    The property is located at 2028 W Main St Salem, IL.
    What is the asking price?
    The asking price for this property is $11,285,715.
    What are key features of this property?
    This property features: - Brand new construction completed in 2024 with steel frame and metal skin.; - Absolute NNN lease structure, offering a passive investment opportunity.; - Fully air-conditioned facility with (9) Rheem air handling units.
    (618) 277-4400
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    Salem, IL 62881
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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
    2028 W Main St Salem, IL 62881
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