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    400 Wilson St Benton, IL 62812

    Sponsored
    For Sale
    $120,000

    Profitable Storage Business on 1.5 Acres

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional investment opportunity in Benton, Illinois presents a turnkey commercial property encompassing 1.5 acres of land and a substantial 3,000 square foot metal building situated on a concrete slab. The building features 20 individual storage units of varying sizes, offering immediate income potential. One unit, measuring 20x30 feet, presents a high-income opportunity through subdivision into smaller units. The expansive land provides significant potential for expansion, allowing for the addition of more storage units or the creation of dedicated parking for boats, RVs, and trailers. The sale includes an established online presence, complete with a published phone number, Google business listing, and a functioning website. Security features are in place, including Davinci locks and a comprehensive camera system. The property is ideally suited for remote management, offering convenience and flexibility for the owner. Financial details are available upon request. This established business is ready for immediate operation, presenting a rare chance to acquire a profitable and scalable commercial venture. The property is located at 400 S Wilson Street, Benton, IL 62812. Don't miss this chance to own a thriving business with significant growth potential.

    Property Features for 400 Wilson St

    General Information

    Property type
    Land

    Building Details

    Buildings
    1

    HighLights

    • $120,000 asking price.
    • 1.5‑acre commercial land parcel in Benton, IL.
    • 3,000 sq ft metal building with concrete slab.
    • 20 storage units of varying sizes; expansion potential.
    • Includes existing business assets: phone number, Google listing, website.
    Property Profile Location Intelligence

    Current Use by Public Records

    Benton Self Storage Self-Storage Facility

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Benton
    County
    Franklin
    State
    Illinois
    Longitude
    -88.9136724
    Latitude
    37.9919823

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    FAQs

    What type of property is this?
    Land - Profitable Storage Business on 1.5 Acres
    Where is this land located?
    The property is located at 400 Wilson St Benton, IL.
    What is the asking price?
    The asking price for this property is $120,000.
    What are key features of this property?
    This property features: $120,000 asking price.; 1.5-acre commercial land parcel in Benton, IL.; 3,000 sq ft metal building with concrete slab.
    Request Owner's contact information
    400 Wilson St Benton, IL 62812
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    Benton, IL 62812
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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
    400 Wilson St Benton, IL 62812
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