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    715 Mccambridge Ave Madison, IL 62060

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    For Sale
    $1,714,285

    Single tenant Family Dollar on hard corner in St. Louis MSA.

    Property size:
    9,180 SF
    Lot size:
    1.82 Acres

    Property Features for 715 Mccambridge Ave

    General Information

    Size
    9,180 SF
    Lot size
    1.82 Acres

    Source: Legacy Real Estate Advisors Agent Dominic Shamany

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

    Overview

    Freestanding Retail Property in Madison, IL

    This is a single tenant freestanding Family Dollar retail property located in Madison, Illinois, positioned on a hard corner. The property benefits from its location within the St. Louis, MO Metropolitan Statistical Area (MSA), ranked among the top 25 MSAs in the U.S. The lease structure is absolute NNN, assigning zero landlord responsibilities. The surrounding area has a strong population density, with over 24,000 residents within a 3-mile radius and over 100,000 residents within a 5-mile radius. As an essential retailer, the tenant is resistant to internet commerce, pandemics, and economic recessions. The location experiences high traffic counts, with over 15,500 vehicles passing the site daily on McCambridge Avenue. Population growth is projected at +2.30% through 2029 within a 1-mile radius. The property is located 15 miles from St Louis Lambert International Airport, a 24-minute drive.
    Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Wholesale Shop Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Madison
    State
    Illinois
    Longitude
    -90.148349
    Latitude
    38.682374

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    FAQs

    What type of property is this?
    Storefront property - Single tenant Family Dollar on hard corner in St. Louis MSA.
    Where is this storefront property located?
    The property is located at 715 Mccambridge Ave Madison, IL.
    What is the asking price?
    The asking price for this property is $1,714,285.
    What are key features of this property?
    This property features: - Rare absolute NNN lease structure with 0 landlord responsibilities; - Single tenant freestanding Family Dollar; - Located in St. Louis, MO MSA, a Top 25 MSA in the U.S.A.
    (248) 450-3259
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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
    715 Mccambridge Ave Madison, IL 62060
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