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    700 Broadway Ave Mattoon, IL 61938

    Sponsored
    For Sale
    Contact for pricing
    Property size:
    630 SF
    Added:
    Dec 11, 2024
    Days on Market:
    392

    Property Features for 700 Broadway Ave

    General Information

    Property type
    Lifestyle centers
    Square Feet
    630 SF
    Lot Size
    21,780 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Rural King Farm Equipment Supplier Sarah's Homemakers-SBLHS House Cleaning Service Marshalls Department Store Alamo Steakhouse & Saloon Steak House All Angles Solar Solar Energy Company

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Mattoon
    County
    Coles
    State
    Illinois
    Longitude
    -88.343377299519
    Latitude
    39.483668925244

    Nearby Comparable

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      Retail Building on Charleston Avenue

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    Nearby Similar for Sale

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      Retail Building in Mattoon, Illinois

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      105,096 SF

      Hilton Garden Inn - Mattoon

      102-room Hilton Garden Inn built in 2022 for sale.
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    • $1,227,000
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      Valvoline Ground Lease - Mattoon, IL

      High-Yield Net Lease Investment, 15+ Years
      700 Broadway Ave, Mattoon, IL 61938
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      Mattoon Bank Building - 1806 SF

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    • $2,124,439
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    FAQs

    Where is this lifestyle center located?
    The property is located at 700 Broadway Ave Mattoon, IL.
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    700 Broadway Ave Mattoon, IL 61938
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    Mattoon, IL 61938
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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
    700 Broadway Ave Mattoon, IL 61938
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