2600 Homer Adams Pkwy Alton, IL 62002
This exceptional investment opportunity presents a 24,300-square-foot shopping center strategically located at 2600 Homer Adams Parkway in Alton, Illinois, zip code 62002. The property, classified as retail and land, boasts a multi-tenant occupancy with Farm & House Supply as a current tenant. Situated in the Metro East county, this shopping center benefits from a highly visible location along a primary retail corridor, ensuring excellent exposure to a substantial customer base. The property's prime location offers convenient access via a signalized intersection from Homer Adams Parkway, a key thoroughfare. Ample parking is available for shoppers and employees, enhancing the overall convenience and appeal of the center. The lot size ranges from 1.86 to 5.09 acres, providing flexibility for future development or expansion. This well-positioned shopping center represents a strong investment opportunity in a thriving retail market. The property's size, location, and amenities make it an attractive option for both investors and tenants seeking a high-traffic location in Alton, Illinois. The property is classified as a shopping center and offers significant potential for growth and return on investment. Its strategic location and ample parking make it a desirable destination for shoppers and businesses alike.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.