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    121 Main St Flora, IL 62839

    Sponsored
    For Sale
    $45,000

    Drive-Thru Ready Commercial Land, $45,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    398
    This exceptional 1970-built commercial land parcel at 121 N Main Street, Flora, IL 62839, presents a unique investment opportunity. The property boasts a stylish all-brick former bank building with dual street access, offering unparalleled visibility and accessibility from both Main and Second Streets. This prime location is ideal for a drive-thru business, with the flexibility to accommodate one, two, or even three separate drive-thru operations. The building's design allows for creative use of space, including the possibility of enclosing part of the center or utilizing it as an open-air area. Ample parking is available on the north side of the building, ensuring customer and staff convenience. The property's high traffic location and versatile layout make it suitable for a wide range of commercial uses. The asking price has been significantly reduced, reflecting a motivated seller open to various trade options. This presents a compelling opportunity for those seeking a high-visibility commercial property in a thriving Illinois community. The property is situated in Clay County and offers a substantial amount of land suitable for various commercial ventures. This is a rare chance to acquire a well-positioned commercial property with significant potential for growth and return on investment. Don't miss this chance to own a piece of Flora's commercial landscape.

    Property Features for 121 Main St

    General Information

    Property type
    Land

    Building Details

    Year Built
    1970

    HighLights

    • 1970‑built, all‑brick former bank building at 121 N Main Street, Flora, IL.
    • Dual street access from Main and Second Streets provides high visibility and accessibility.
    • Ideal for drive‑thru businesses; adaptable for one to three drive‑thrus.
    • Ample parking available.
    • Reduced asking price; seller open to trades.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    Flora
    County
    Clay
    State
    Illinois
    Longitude
    -88.4864724
    Latitude
    38.6694074

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    FAQs

    What type of property is this?
    Land - Drive-Thru Ready Commercial Land, $45,000
    Where is this land located?
    The property is located at 121 Main St Flora, IL.
    What is the asking price?
    The asking price for this property is $45,000.
    What are key features of this property?
    This property features: 1970-built, all-brick former bank building at 121 N Main Street, Flora, IL.; Dual street access from Main and Second Streets provides high visibility and accessibility.; Ideal for drive-thru businesses; adaptable for one to three drive-thrus.
    Request Owner's contact information
    121 Main St Flora, IL 62839
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    Flora, IL 62839
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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
    121 Main St Flora, IL 62839
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