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    I69 & Doctor M.l.k. Jr Blvd Anderson, IN 46013

    Sponsored
    For Sale
    Contact for pricing

    Prime Retail Location, 2,250 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity presents a 2,250 square foot store situated at the high-traffic intersection of Grand Avenue and River Road in River Grove, Illinois. Built in 1990, the property (APN 12-27-407-041-0000) is currently configured as a convenience/liquor store, offering a versatile layout adaptable to a variety of retail uses. The space benefits from excellent visibility and accessibility, making it an ideal location for businesses seeking high foot traffic and convenient access for customers. The property's location on a major intersection ensures significant exposure to a large customer base. The existing build-out as a convenience/liquor store provides a solid foundation for a new tenant, potentially minimizing initial setup costs and allowing for a quicker start to operations. This is a single available space within a multi-tenant building, offering a blend of independence and the benefits of shared amenities. The property's age suggests a potential for future upgrades or renovations to further enhance its appeal and functionality. This prime retail space represents a compelling investment opportunity for businesses seeking a well-established location with high visibility and strong potential for success. Serious inquiries are encouraged to explore this exceptional retail offering.

    Property Features for I69 & Doctor M.l.k. Jr Blvd

    General Information

    Property type
    Land
    Lot Size
    39,204 SF

    HighLights

    • Retail store space available, 2,250 square feet.
    • Located at a high‑traffic intersection in River Grove.
    • Currently configured as a convenience/liquor store.
    • Built in 1990.
    • APN: 12‑27‑407‑041‑0000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Anderson
    County
    Madison
    State
    Indiana
    Longitude
    -85.721103531045
    Latitude
    40.039165688355

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    FAQs

    What type of property is this?
    Land - Prime Retail Location, 2,250 SF
    Where is this land located?
    The property is located at I69 & Doctor M.l.k. Jr Blvd Anderson, IN.
    What are key features of this property?
    This property features: Retail store space available, 2,250 square feet.; Located at a high-traffic intersection in River Grove.; Currently configured as a convenience/liquor store.
    Request Owner's contact information
    I69 & Doctor M.l.k. Jr Blvd Anderson, IN 46013
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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
    I69 & Doctor M.l.k. Jr Blvd Anderson, IN 46013
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