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    2101 Metropolis St Metropolis, IL 62960

    Sponsored
    For Sale
    $850,000

    Thriving Climate-Controlled Storage Facility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Exceptional investment opportunity: A premier, climate-controlled storage facility in Metropolis, IL, is available for $850,000. This 31,000 square foot facility boasts 100 climate-controlled units, with the potential to expand by an additional 100 units. Built in 1966, the property has undergone significant upgrades, including new HVAC systems in 2016 and 2021, and a roof replacement in 2016. The facility benefits from 24-hour surveillance, ensuring a secure environment for clients' belongings. Its strategic location provides high visibility and easy access, attracting both residential and commercial clients. This is the only specialist climate-controlled storage facility in Metropolis, offering a unique opportunity for significant return on investment. The property consists of three buildings situated on commercially zoned land in Massac County, Illinois, zip code 62960. The property's modern upgrades and expansion potential make it an attractive investment for those seeking a stable and growing business in a high-demand market. The current configuration provides ample space to accommodate a diverse range of storage needs, making it a highly sought-after destination for the community. This turnkey operation presents a rare chance to acquire a well-established and profitable business with substantial growth potential.

    Property Features for 2101 Metropolis St

    General Information

    Property type
    Land

    Building Details

    Year Built
    1966
    Buildings
    3
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Metropolis
    County
    Massac
    State
    Illinois
    Longitude
    -88.72562
    Latitude
    37.1675945

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    FAQs

    What type of property is this?
    Land - Thriving Climate-Controlled Storage Facility
    Where is this land located?
    The property is located at 2101 Metropolis St Metropolis, IL.
    What is the asking price?
    The asking price for this property is $850,000.
    Request Owner's contact information
    2101 Metropolis St Metropolis, IL 62960
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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
    2101 Metropolis St Metropolis, IL 62960
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