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    OFF-MARKET
    Commercial real estate

    200 Brooks Ave, Centralia, IL 62801

    2.61 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2.61-acre commercial property is situated in Centralia, Illinois, within the B-3 commercial district. Its prime location ensures high visibility and significant traffic exposure, making it ideal for a variety of commercial ventures. The property is currently offered as a single, contiguous parcel, presenting a unique opportunity for large-scale development or expansion. However, the seller is also open to partitioning the land, offering flexibility for buyers with smaller-scale projects. Should the buyer choose to partition the land, the price per square foot will be $4.66. This presents a compelling investment opportunity for businesses seeking a prominent location with excellent accessibility. The property's size and zoning provide ample space for various commercial uses, allowing for significant customization and development potential. The high traffic count in the area guarantees substantial visibility for any business established on this land, ensuring a strong potential for customer reach and brand recognition. This is a rare chance to acquire a substantial commercial parcel in a thriving Centralia location. Serious inquiries are encouraged to explore this promising investment opportunity further. The property is being sold "as is".

    Property profile
    Verified
    Property type Commercial real estate
    Lot 2.61 ac (113,692 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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