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    301 E Walnut St Carbondale, IL 62901

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    For Sale
    $900,000

    16,400 SF former grocery store on 1.30 acres.

    Property size:
    16,400 SF
    Lot size:
    1.30 Acres

    Property Features for 301 E Walnut St

    General Information

    Size
    16,400 SF
    Lot size
    1.30 Acres

    Source: LOCATION. Commercial Real Estate Agent Ben Weis

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

    Overview

    Freestanding Former Grocery Store

    The property features a 16,400 square foot freestanding building on a 1.30 acre lot. Formerly a grocery store, the building includes 73 parking spaces, which provides a parking ratio of 4.45 per 1,000 square feet. A freestanding pylon sign is present on the property. The building has a ceiling height of 12 feet and a purlin height of 13 feet. The location benefits from a traffic count of 18,850 vehicles per day.
    Location Intelligence

    Current Use by Public Records

    Save A Lot Grocery Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Similar Places Nearby

    Save A Lot

    Location Insight

    • Map
    • Local Demand
    City
    Carbondale
    County
    Jackson
    State
    Illinois
    Longitude
    -89.21163
    Latitude
    37.725623

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    FAQs

    What type of property is this?
    Grocery and convenience store - 16,400 SF former grocery store on 1.30 acres.
    Where is this grocery and convenience store located?
    The property is located at 301 E Walnut St Carbondale, IL.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: - 16,400 SQFT Freestanding Building on 1.30 Acre Lot; - Former Grocery Store offering adaptable space; - High Traffic Count: 18,850 VPD
    (314) 629-6532
    Request Owner's contact information
    301 E Walnut St Carbondale, IL 62901
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    Carbondale, IL 62901
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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 E Walnut St Carbondale, IL 62901
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