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    1750 Homer M Adams Pkwy Alton, IL 62002

    Sponsored
    For Sale
    Contact for pricing

    Grocery Store Space Available - High Visibility

    Property size:
    3,630 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail property, located at 1750 Homer M Adams Pkwy in Alton, Illinois, presents a compelling investment opportunity. The 3,630 square foot building sits on a 0.32-acre lot and is currently configured as a multi-tenant retail center, with a grocery store as one of the tenants. A significant portion of the space, 1,800 square feet, is currently available for lease. The property boasts a highly visible location on Homer M Adams Pkwy, ensuring excellent exposure to a substantial volume of traffic. This strategic positioning is further enhanced by its proximity to a variety of established national retailers, including Home Depot, Kohl's, Lowe's, Target, and Goodwill, creating a strong retail synergy and attracting a high volume of consumers. The property's classification as a retail center with a grocery store subtype indicates its suitability for a range of businesses that benefit from high foot traffic and a strong local customer base. The property is available for sale or lease, making it an attractive option for both investors and businesses seeking a well-situated retail space in a thriving commercial area of Alton, IL (zip code 62002). The property is located in Madison County. Serious inquiries are encouraged to explore the pricing and leasing terms.

    Property Features for 1750 Homer M Adams Pkwy

    General Information

    Property type
    Individual retail properties
    Square Feet
    3,630 SF
    Lot Size
    13,939 SF

    HighLights

    • 3,630 SF retail center on 0.32‑acre lot in Alton, IL, available for sale or lease.
    • 1,800 SF of retail space currently available for lease.
    • High‑visibility location with signage on Homer M Adams Pkwy.
    • Excellent retail synergy; near Home Depot, Kohl's, Lowe's, Target, and Goodwill.
    • Contact broker for pricing and lease terms.
    Property Profile Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Alton
    County
    Madison
    State
    Illinois
    Longitude
    -90.1644715
    Latitude
    38.9187661

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    FAQs

    What type of property is this?
    Individual retail property - Grocery Store Space Available - High Visibility
    Where is this individual retail property located?
    The property is located at 1750 Homer M Adams Pkwy Alton, IL.
    What are key features of this property?
    This property features: 3,630 SF retail center on 0.32-acre lot in Alton, IL, available for sale or lease.; 1,800 SF of retail space currently available for lease.; High-visibility location with signage on Homer M Adams Pkwy.
    Request Owner's contact information
    1750 Homer M Adams Pkwy Alton, IL 62002
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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
    1750 Homer M Adams Pkwy Alton, IL 62002
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