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    2850 Homer Adams Pkwy Alton, IL

    For Lease
    Contact for pricing

    Retail space available with significant basement storage.

    Property size:
    5,088 SF
    Lot size:
    0.01 Acres

    Property Features for 2850 Homer Adams Pkwy

    General Information

    Size
    5,088 SF
    Lot size
    0.01 Acres

    Source: CBRE Agent Nick Garavaglia

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

    Overview

    Retail Space with Basement Storage

    This retail space offers 1,066 square feet on the first floor, complemented by 5,088 square feet of basement storage, totaling 6,154 square feet. The property, constructed in 1971, is part of a larger building with a total area of 17,565 rentable square feet. Parking is available at a ratio of 4.0 spaces per 1,000 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Alton
    County
    Madison
    State
    Illinois
    Longitude
    -90.1842764
    Latitude
    38.8906038

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    FAQs

    What type of property is this?
    Retail space - Retail space available with significant basement storage.
    Where is this retail space located?
    The property is located at 2850 Homer Adams Pkwy Alton, IL.
    What are key features of this property?
    This property features: - Substantial basement storage space: 5,088 SF; - Ample parking with a ratio of 4.0 spaces per 1,000 SF; - Total property size of 17,565 RSF
    (314) 655-6000
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    Alton, IL
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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
    2850 Homer Adams Pkwy Alton, IL
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