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    105 State St Potomac, IL 61865

    Sponsored
    For Sale
    $84,900
    Added:
    Dec 11, 2024
    Days on Market:
    394

    Property Features for 105 State St

    General Information

    Property type
    Investment properties

    Building Details

    Units
    1

    HighLights

    • Prime commercial opportunity in Potomac, MD.
    • Three‑bay self‑serve car wash with two standard bays and one oversized bay for large vehicles.
    • Recently updated reverse osmosis and pump systems.
    • Includes an on‑site laundromat with five washers and dryers.
    • Turnkey operation, ready for immediate sale.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Hair Salon Clothing Store Auto Repair Shop Wholesale Shop Auto Parts Store Department Store Bar & Pub Grocery Store Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Potomac
    County
    Vermilion
    State
    Illinois
    Longitude
    -87.8007584
    Latitude
    40.3055017

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    FAQs

    Where is this investment property located?
    The property is located at 105 State St Potomac, IL.
    What is the asking price?
    The asking price for this property is $84,900.
    What are key features of this property?
    This property features: Prime commercial opportunity in Potomac, MD.; Three-bay self-serve car wash with two standard bays and one oversized bay for large vehicles.; Recently updated reverse osmosis and pump systems.
    Request Owner's contact information
    105 State St Potomac, IL 61865
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    Potomac, IL 61865
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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
    105 State St Potomac, IL 61865
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