Property profile

16 Presley Dr Makanda, IL 62958

OFF-MARKET
Office Spaces
6,400 SF 1.37 ac lot
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Property summary

AI-generated overview

This exceptional Class A commercial property, located at 16 Presley Drive in Makanda, Illinois, presents a unique investment opportunity. The single-story, 6,400 square foot brick building sits on a 1.37-acre lot at the high-traffic Smiley Tower intersection, just south of Stone Creek Golf Club. Built in 2016 and completely renovated, the property boasts a 100% occupancy rate with a single tenant. The layout features a spacious central area, eight private offices, three conference rooms, a full kitchen, two ADA-compliant bathrooms, and ample storage. The building's design is highly versatile, making it suitable for a variety of professional uses, including business offices or medical facilities. Parking is abundant, with space for over 20 vehicles. The property's strategic location provides easy access to Carbondale (5 minutes south) and Anna (20 minutes north) via Highway 51. This turnkey operation offers immediate income potential and significant long-term growth prospects. The property is owned by an LLC and is offered at an asking price of $429,900. The property's prime location and modern amenities make it an attractive investment for discerning buyers. This is a rare opportunity to acquire a high-quality, fully occupied commercial building in a desirable location.

Property profile

Verified
Property type Office Spaces
Total area 6,400 SF
Lot 1.37 ac (59,677 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

16 Presley Dr Makanda, IL 62958
Makanda metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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