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    60 Niemann Ln Murphysboro, IL 62966

    Sponsored
    For Sale
    $635,000

    7,000 SF Retail/Warehouse, $635K

    Property size:
    7,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property, located at 60 Niemann Lane in Murphysboro, Illinois, presents a unique investment opportunity. The 7,000 square foot building, constructed in 2014, sits on a 0.84-acre lot and is zoned for commercial use. Previously occupied by Aaron's, this stand-alone structure offers a versatile layout ideal for a variety of retail and/or warehouse operations. Its prominent location in front of a Walmart provides excellent visibility and accessibility, ensuring high foot traffic and brand recognition. The property boasts ample space for both retail display and storage, making it suitable for businesses requiring a blend of showroom and warehouse functionality. The building is currently vacant and ready for immediate occupancy, with an anticipated occupancy date of August 26, 2024. The property's APN is 14-12-100-024, and ownership is held by an LLC. This is a turnkey solution for businesses seeking a high-impact location in a thriving community. The asking price is $635,000. Don't miss this chance to secure a prime commercial space in a strategic location.

    Property Features for 60 Niemann Ln

    General Information

    Property type
    Retail properties
    Square Feet
    7,000 SF
    Lot Size
    36,590 SF

    Building Details

    Year Built
    2014
    Buildings
    1

    HighLights

    • $635,000 asking price.
    • 7,000 square foot commercial land and retail property.
    • Located at 60 Niemann Lane, Murphysboro, IL 62966.
    • 0.84‑acre lot size.
    • One building, built in 2014, with Commercial zoning.
    • Available August 26, 2024.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Auto Repair Shop Wholesale Shop Pharmacy Auto Parts Store Kitchen & Bath Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Murphysboro
    County
    Jackson
    State
    Illinois
    Longitude
    -89.2824015
    Latitude
    37.7612147

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    FAQs

    What type of property is this?
    Retail property - 7,000 SF Retail/Warehouse, $635K
    Where is this retail property located?
    The property is located at 60 Niemann Ln Murphysboro, IL.
    What is the asking price?
    The asking price for this property is $635,000.
    What are key features of this property?
    This property features: $635,000 asking price.; 7,000 square foot commercial land and retail property.; Located at 60 Niemann Lane, Murphysboro, IL 62966.
    Request Owner's contact information
    60 Niemann Ln 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
    60 Niemann Ln Murphysboro, IL 62966
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