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    Tbd Butler St Metropolis, IL 62960

    Sponsored
    For Sale
    $100,000

    Prime Metropolis medical/office space. High potential, adaptable building.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property, located at the corner of 10th and Butler Streets in Metropolis, Illinois, presents a unique investment opportunity. Priced at $100,000, this approximately 2,593 square foot building offers significant versatility. Originally a medical office, the property boasts three exam rooms, a dedicated lab area, ample office space, two half-bathrooms, a utility room, and a storage room. The building's electrical service is a robust 200 amps. The structure is two stories, with approximately 1,000 square feet on each level. Its convenient location in the heart of Metropolis, zip code 62960, provides excellent visibility and accessibility. Built in 1959, the building offers a solid foundation for a variety of uses. While currently configured as a medical office, the property's layout and size lend themselves to adaptation for other commercial purposes or, with necessary renovations, even residential conversion into apartments. This property is situated on land in Massac County, Illinois. The property's size and features make it an attractive option for investors seeking a versatile and well-located commercial space with significant upside potential. Don't miss this chance to own a piece of Metropolis's commercial landscape.

    Property Features for 0 Tbd Butler St

    General Information

    Property type
    Medical offices

    Building Details

    Year Built
    1959
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Map

    City
    Metropolis
    County
    Massac
    State
    Illinois
    Longitude
    -88.7207763
    Latitude
    37.1535027

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    FAQs

    What type of property is this?
    Medical office - Prime Metropolis medical/office space. High potential, adaptable building.
    Where is this medical office located?
    The property is located at Tbd Butler St Metropolis, IL.
    What is the asking price?
    The asking price for this property is $100,000.
    Request Owner's contact information
    Tbd Butler St Metropolis, IL 62960
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    Metropolis, IL 62960
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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
    Tbd Butler St Metropolis, IL 62960
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