348 State Hwy 121, Bethany, IL 61914-7023
This exceptional 7,500 square foot retail property, located at 348 State Highway 121 in Bethany, Illinois, presents a unique investment opportunity. Priced at $1,250,000, this property boasts a highly desirable location on State Highway 121, ensuring excellent visibility and accessibility for potential customers. The building's substantial size offers ample space for a variety of retail uses, making it suitable for a wide range of businesses. The property sits on a lot with no additional acreage, focusing the investment entirely on the building itself. Its prime location on a busy state highway guarantees high traffic volume, providing significant potential for customer engagement and business growth. This is an ideal opportunity for an established business seeking expansion or a new venture looking for a strong foothold in a thriving community. The property's size and location combine to create a compelling investment prospect with significant potential for return. Serious inquiries are encouraged to explore this exceptional retail space and its potential to generate substantial revenue. The property is ready for immediate occupancy, allowing for a swift transition and commencement of operations. This is a rare opportunity to acquire a well-situated, sizable retail property in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.