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    Property profile & analytics
    OFF-MARKET Estimated value $530,000
    Retail space

    348 State Hwy 121, Bethany, IL 61914-7023

    7,527 SF 1.44 ac lot Built 2017
    Entity Owned 7-yr Hold
    Property ID
    US28-4862970
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 2017
    Total area 7,527 SF
    Lot 1.44 ac (62,726 SF)
    APN 04-04-15-400-003
    UPID US28-4862970
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $395k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $662k
    Blend (final) Blend
    $530k
    Owner & transaction history
    Fch Enterprises LLC · 7 yrs held
    Fch Enterprises LLC
    since 2018
    2 recorded transactions
    2018
    $614,500
    2017
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Office building $755,000 +66.2%
    Commercial (general) $625,000 +37.2%
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