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    704-708 N Gilbert St Danville, IL 61832

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    For Lease
    Contact for pricing

    6,840 SF freestanding retail building with high visibility.

    Property size:
    6,840 SF
    Lot size:
    0.46 Acres

    Property Features for 704-708 N Gilbert St

    General Information

    Size
    6,840 SF
    Lot size
    0.46 Acres

    Source: Sandor/Sand Capital - Corporate Agent Andrew Hasbrook

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

    Overview

    Freestanding Retail Building on Gilbert

    This freestanding 6,840-sf building offers exceptional visibility on Gilbert Street/US Highway 136. The property is located in Danville, the largest city and county seat of Vermilion County, which has a population of 74,188 within an 18-mile radius. Neighboring retailers include Rent-A-Center, Domino’s, O’Reilly Auto Parts, Dollar General, Walgreens, and Papa John’s. The daily traffic count is 16,000 on Gilbert Street/US Hwy. 136.
    Location Intelligence

    Current Use by Public Records

    Buddy's Home Furnishings Furniture Rental Service

    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
    Danville
    County
    Vermilion
    State
    Illinois
    Longitude
    -87.636012
    Latitude
    40.111228

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    FAQs

    What type of property is this?
    Retail space - 6,840 SF freestanding retail building with high visibility.
    Where is this retail space located?
    The property is located at 704-708 N Gilbert St Danville, IL.
    What are key features of this property?
    This property features: - Exceptional visibility to Gilbert Street/US Highway 136; - Freestanding 6,840-sf building; - Daily traffic count: 16,000 on Gilbert Street/US Hwy. 136
    (877) 925-9011
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    704-708 N Gilbert St Danville, IL 61832
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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
    704-708 N Gilbert St Danville, IL 61832
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