2310 Reed Station Pkwy, Carbondale, IL 62901
This exceptional commercial property, located at 2310 Reed Station Parkway in Carbondale, Illinois, presents a unique investment opportunity. Built in 2005, the single-building property sits on a prominent location on Reed Station Parkway, boasting high visibility and traffic volume. Its strategic placement near the intersection of the main highway and Reed Station Road, just three miles from a new casino and adjacent to a Holiday Inn, ensures significant exposure. The property includes a substantial 96-space parking lot, catering to ample customer and employee parking needs. Its central location between Jackson and Williamson Counties provides easy access and broad market reach. The existing building offers versatile space adaptable to various commercial uses. Currently configured with a pizza-making facility, full kitchen, bar, and dining area, it's ideally suited for a restaurant. A former gaming room offers potential for additional revenue streams. The layout also allows for the creation of a fresh market shop or other retail space. The property's adaptability makes it suitable for a wide range of commercial ventures, including office space, retail, or industrial uses. The asking price is $995,000. This property offers a compelling combination of location, existing infrastructure, and adaptability, making it an attractive investment for discerning buyers. The property's zoning and specific permitted uses should be verified independently.
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
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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.