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    111 North Ave Flora, IL 62839

    Sponsored
    For Sale
    $95,000

    Prime Retail Space, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property at 111 W North Avenue in Flora, Illinois (zip code 62839), offers a combined 3,296 square feet of versatile space. Located in the heart of downtown Flora, this property boasts excellent visibility and accessibility, making it ideal for a variety of businesses. The flexible layout allows for use as one large retail area or division into two separate units. Convenient parking is available directly in front of the building, at the rear, and across the street. The asking price is $95,000. This property presents a unique opportunity to establish or expand your business in a thriving downtown location. The property consists of two adjacent buildings, providing ample space and flexibility for your business needs. Its prime location ensures high foot traffic and visibility, attracting potential customers. The ample parking options further enhance the convenience and appeal of this property. This is a rare opportunity to acquire a well-situated commercial property in a desirable downtown area. Don't miss out on this chance to bring your business vision to life in this vibrant community.

    Property Features for 111 North Ave

    General Information

    Property type
    Retail properties

    HighLights

    • $95,000 asking price.
    • 3,296 sq ft of combined commercial space in two adjacent buildings.
    • Prime downtown Flora, IL location with excellent visibility and accessibility.
    • Flexible layout suitable for single or multi‑tenant occupancy.
    • Ample on‑site and nearby parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ron Young Law ... Legal Services Conard & Associates Tax Preparation Service

    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
    -88.4864242
    Latitude
    38.6684626

    Nearby Comparable

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Space, High Visibility
    Where is this retail property located?
    The property is located at 111 North Ave Flora, IL.
    What is the asking price?
    The asking price for this property is $95,000.
    What are key features of this property?
    This property features: $95,000 asking price.; 3,296 sq ft of combined commercial space in two adjacent buildings.; Prime downtown Flora, IL location with excellent visibility and accessibility.
    Request Owner's contact information
    111 North Ave 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
    111 North Ave Flora, IL 62839
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