150 Waterloo Commons Dr Waterloo, IL 62298
Exceptional retail land opportunity in Waterloo, Illinois, at the highly visible intersection of Illinois Route 3 and N Market St. This prime location within the established Waterloo Commons shopping center offers multiple outlots ranging from 0.56 to 1.18 acres. The center boasts a strong tenant mix, anchored by Schnucks grocery store, and includes a variety of national and regional retailers, ensuring high consumer traffic. This development presents a unique chance to capitalize on the significant draw from surrounding communities such as Columbia, Millstadt, and Redbud. The property is zoned for commercial use and is ideal for a variety of retail developments, offering significant potential for growth and return on investment. The available land parcels provide flexibility for various building sizes and configurations, catering to a range of business needs. With its strategic location and established retail environment, this is an exceptional opportunity to establish a thriving business in a high-traffic area. The property is situated in Monroe County, Illinois, and offers easy access to major roadways, ensuring convenient access for customers and employees. The site's visibility and proximity to other successful businesses make it an attractive location for new retail ventures. Serious inquiries are encouraged to explore this exceptional investment opportunity.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.