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    OFF-MARKET
    Office Spaces

    8671 Old Rt 13, Murphysboro, IL 62966

    5,900 SF Built 1974
    Property ID
    Property summary
    AI-generated overview

    This 5,900 square foot mixed-use property, located at 8671 Old Rt 13 in Murphysboro, Illinois, presents a unique investment opportunity. Built in 1974, this single-story building sits on a 5,900 square foot lot (APN: 14-14-126-003) and is currently vacant, offering immediate potential for redevelopment. The property is zoned for both commercial and residential use, providing flexibility for a variety of purposes. With its substantial square footage, the building could be easily adapted to suit a range of needs, from a large single-family residence to a commercial office space. The asking price is $118,000, translating to $20 per square foot. The property's location in Jackson County, Illinois, offers convenient access to local amenities and transportation routes. This is an exceptional opportunity for an investor seeking a versatile property with significant upside potential. The property is individually owned and comprises one unit. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Office Spaces
    Year built 1974
    Total area 5,900 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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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