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    3685 Nameoki Rd Granite City, IL 62040

    For Sale
    $275,000

    1,424 SF fully leased retail building for sale.

    Property size:
    1,424 SF
    Lot size:
    0.48 Acres

    Property Features for 3685 Nameoki Rd

    General Information

    Size
    1,424 SF
    Lot size
    0.48 Acres

    Source: BARBERMurphy Agent John L Eichenlaub

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

    Overview

    Retail Building on Nameoki Road

    This commercial building offers 1,424 square feet of fully leased retail space. The current tenant is scheduled to occupy the building until 2028. The property is situated on Nameoki Road, a high-visibility retail corridor with substantial traffic, registering 14,000 average daily traffic (ADT).
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Granite City
    County
    Madison
    State
    Illinois
    Longitude
    -90.123538
    Latitude
    38.72771

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    FAQs

    What type of property is this?
    Retail space - 1,424 SF fully leased retail building for sale.
    Where is this retail space located?
    The property is located at 3685 Nameoki Rd Granite City, IL.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: - Fully Leased Retail Building; - Tenant in Place Until 2028; - 1,424 SF
    (618) 277-4400
    Request Owner's contact information
    3685 Nameoki Rd Granite City, IL 62040
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    Granite City, IL 62040
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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
    3685 Nameoki Rd Granite City, IL 62040
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