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    902 New Baldwin Rd New Athens, IL 62264

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    For Sale
    $1,112,118

    NNN Dollar General with zero landlord responsibilities in New Athens.

    Property size:
    9,026 SF
    Lot size:
    1.33 Acres

    Property Features for 902 New Baldwin Rd

    General Information

    Size
    9,026 SF
    Lot size
    1.33 Acres

    Source: Matthews Real Estate Investment Services | Phoenix Agent Wyatt Wagner

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

    Overview

    Dollar General NNN Investment Opportunity

    This property was built in 2015 as a build-to-suit construction for Dollar General. It is an absolute NNN Lease with zero landlord responsibilities. The lease is corporately guaranteed by Dollar General Corporation. The property is priced below replacement cost. The average household income in the area is $87,320. The nearest dollar store is over 5 miles away. The property size is 9,026 square feet and is located in New Athens, IL.
    Insight Report Location Intelligence

    Current Use by Public Records

    Dollar General Dollar Store Western Union Money Transfer Service FedEx OnSite Mailing Service

    Suggested Use

    Restaurant Law Firm Building Supply Dental Office Auto Repair Shop Pharmacy Auto Parts Store Food Market HVAC Service Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    New Athens
    County
    St. Clair
    State
    Illinois
    Longitude
    -89.8612229
    Latitude
    38.3101178

    Nearby Similar for Sale

    • $325,000
      5,913 SF

      Established Retail Building For Sale

      5,913 SF retail building, formerly Lehr’s Meat Market.
      102 Van Buren St, New Athens, IL 62264
      View Details

    FAQs

    What type of property is this?
    Storefront property - NNN Dollar General with zero landlord responsibilities in New Athens.
    Where is this storefront property located?
    The property is located at 902 New Baldwin Rd New Athens, IL.
    What is the asking price?
    The asking price for this property is $1,112,118.
    What are key features of this property?
    This property features: - Absolute NNN Lease – Zero Landlord Responsibilities; - Corporately guaranteed lease from Dollar General Corporation; - Priced well below replacement cost
    (310) 750-7845
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    902 New Baldwin Rd New Athens, IL 62264
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    New Athens, IL 62264
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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
    902 New Baldwin Rd New Athens, IL 62264
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