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    200 Spitler Park Plz Dr Mount Zion, IL 62549

    Sponsored
    For Sale
    $650,000

    12,000 SF Retail Space, Vacant

    Property size:
    12,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 12,000-square-foot storefront property, located at 200 Spitler Park Plaza Drive in Mt. Zion, Illinois, presents a remarkable investment opportunity. The building, constructed in 1999 and extensively renovated in 2023, sits on a two-acre lot and offers ample parking. Its versatile VB-2 zoning allows for a wide range of uses, including warehousing, light manufacturing, office space, and retail. The asking price is $650,000, translating to $54.17 per square foot. The property features a single-story, free-standing structure with an open layout, an overhead drive-in door, and the potential for additional drive-in or dock doors. Its convenient location off Route 121 in the heart of Mt. Zion, Macon County (zip code 62549), ensures high visibility and accessibility. The property is currently vacant, providing immediate occupancy for the new owner. This NNN lease type property offers significant potential for a variety of businesses seeking a spacious and well-maintained facility in a desirable location. The APN is 12-17-03-104-050. This is a rare opportunity to acquire a substantial commercial property with significant upside potential.

    Property Features for 200 Spitler Park Plz Dr

    General Information

    Property type
    Individual retail properties
    Square Feet
    12,000 SF
    Lot Size
    87,120 SF

    Building Details

    Year Built/Renovated
    1999/2023
    Buildings
    1
    Stories
    1
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Mount Zion
    County
    Macon
    State
    Illinois
    Longitude
    -88.869066621398
    Latitude
    39.781781485622

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Individual retail property - 12,000 SF Retail Space, Vacant
    Where is this individual retail property located?
    The property is located at 200 Spitler Park Plz Dr Mount Zion, IL.
    What is the asking price?
    The asking price for this property is $650,000.
    Request Owner's contact information
    200 Spitler Park Plz Dr Mount Zion, IL 62549
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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
    200 Spitler Park Plz Dr Mount Zion, IL 62549
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