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    218 Central Ave Casey, IL 62420

    Sponsored
    For Sale
    $100,000

    Prime Commercial Land, Fitness Center Included

    Property size:
    5,335 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    Exceptional investment opportunity in downtown Casey, Illinois. This 0.12-acre lot features a 5,335 square foot building currently operating as a fully equipped fitness center, complete with all gym equipment and an indoor pool. The asking price of $100,000 includes the building and all existing fitness equipment, presenting a turnkey operation for a new owner. The property's versatile nature allows for a multitude of uses beyond its current configuration, making it ideal for entrepreneurs seeking to establish or expand their business. Located at 218 S Central Ave, Casey, IL 62420, this property offers significant potential for growth and profitability. The central location within Casey provides excellent visibility and accessibility. The existing infrastructure, including the pool and fitness equipment, represents a substantial value-add for any prospective buyer. This is a rare opportunity to acquire a well-established commercial property with significant upside potential in a thriving community. The property's size and existing improvements make it an attractive option for a variety of commercial ventures. Don't miss this chance to own a piece of Casey's vibrant downtown.

    Property Features for 218 Central Ave

    General Information

    Property type
    Land
    Square Feet
    5,335 SF
    Lot Size
    5,227 SF

    HighLights

    • Turnkey fitness center with indoor pool on 0.12‑acre lot in downtown Casey, IL.
    • 5,335 sq ft building, fully equipped, asking price $100,000 includes all equipment.
    • Versatile property suitable for multiple commercial uses.
    • Located at 218 S Central Ave, Casey, IL 62420, offering excellent visibility and accessibility.
    • Significant upside potential in a thriving community.
    Property Profile Location Intelligence

    Current Use by Public Records

    Fitness Club Gym

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Casey
    County
    Clark
    State
    Illinois
    Longitude
    -87.9924204
    Latitude
    39.2968186

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, Fitness Center Included
    Where is this land located?
    The property is located at 218 Central Ave Casey, IL.
    What is the asking price?
    The asking price for this property is $100,000.
    What are key features of this property?
    This property features: Turnkey fitness center with indoor pool on 0.12-acre lot in downtown Casey, IL.; 5,335 sq ft building, fully equipped, asking price $100,000 includes all equipment.; Versatile property suitable for multiple commercial uses.
    Request Owner's contact information
    218 Central Ave Casey, IL 62420
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    Casey, IL 62420
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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
    218 Central Ave Casey, IL 62420
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