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    3120 Maryville Rd Granite City, IL 62040

    Sponsored
    For Sale
    $325,000

    Spacious Warehouse, High Traffic Area, Flexible Use

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional commercial property at 3120 Maryville Road, Granite City, IL 62040, presents a unique investment opportunity. Priced at $325,000, this industrial property boasts a substantial 10,624 square foot lot. The existing building offers approximately 2500 square feet of brick construction, providing a solid foundation for a variety of uses. Its prime location in a high-traffic area offers excellent visibility and accessibility. The property's flexible zoning may allow for special use permits, opening doors to creative ventures such as restaurants, subject to local approvals. The large, open main space provides a blank canvas for customization, allowing buyers to design and develop the space to perfectly suit their needs. Additional finished square footage on the lower level offers versatile functionality, ideal for storage, preparation areas, or private events. The property also features ample parking at the rear and four bathrooms, ensuring convenience for both customers and staff. This is a rare chance to acquire a well-situated property with significant potential in a thriving area. The property is classified as Industrial and Land, with a Warehouse and Commercial subtype. The property is located in Madison County, Illinois, zip code 62040.

    Property Features for 3120 Maryville Rd

    General Information

    Property type
    Distribution properties

    HighLights

    • $325,000 asking price.
    • 10,624 square foot lot.
    • 2,500 square foot brick building with flexible use potential.
    • Additional finished lower level space.
    • Ample rear parking and four bathrooms.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Granite City
    County
    Madison
    State
    Illinois
    Longitude
    -90.1033869
    Latitude
    38.7183494

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    FAQs

    What type of property is this?
    Distribution property - Spacious Warehouse, High Traffic Area, Flexible Use
    Where is this distribution property located?
    The property is located at 3120 Maryville Rd Granite City, IL.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: $325,000 asking price.; 10,624 square foot lot.; 2,500 square foot brick building with flexible use potential.
    Request Owner's contact information
    3120 Maryville Rd Granite City, IL 62040
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    Granite City, IL 62040
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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
    3120 Maryville Rd Granite City, IL 62040
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