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    535 14Th St Murphysboro, IL 62966

    Sponsored
    For Sale
    $350,000

    Prime Murphysboro location, high visibility, 10,780 sq ft.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property, located at 535 N 14TH Street in Murphysboro, Illinois, presents a unique investment opportunity. The property, known as Humm's Garage, sits on a sizable 150 x 236 foot lot, offering 236 feet of road frontage on business route 13, ensuring excellent visibility and accessibility for any business. Built in 1948, the main building encompasses 10,780 square feet and is currently configured as an auto repair facility and retail sales shop. This versatile space offers endless possibilities for a variety of commercial uses. The property's zoning and permitted uses should be verified independently. The asking price for this property is $350,000. The sale includes the option to purchase the existing auto repair shop equipment, providing a turnkey solution for a prospective buyer in the automotive industry. This property is ideally suited for an entrepreneur seeking a well-established location with high traffic visibility in a thriving Illinois community. The property's location in Jackson County, Illinois, zip code 62966, provides easy access to major transportation routes. Serious inquiries are encouraged to explore the full potential of this remarkable commercial property.

    Property Features for 535 14Th St

    General Information

    Property type
    Distribution properties

    Building Details

    Year Built
    1948
    Buildings
    1

    HighLights

    • $350,000 asking price.
    • 10,780 SF building on a 150' x 236' lot in Murphysboro, IL.
    • 236' of road frontage on Business Route 13.
    • Currently used as an auto repair facility and retail shop.
    • 1948 construction.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    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
    Murphysboro
    County
    Jackson
    State
    Illinois
    Longitude
    -89.3385371
    Latitude
    37.7700041

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    FAQs

    What type of property is this?
    Distribution property - Prime Murphysboro location, high visibility, 10,780 sq ft.
    Where is this distribution property located?
    The property is located at 535 14Th St Murphysboro, IL.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: $350,000 asking price.; 10,780 SF building on a 150' x 236' lot in Murphysboro, IL.; 236' of road frontage on Business Route 13.
    Request Owner's contact information
    535 14Th St Murphysboro, IL 62966
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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
    535 14Th St Murphysboro, IL 62966
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