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700 Broadway Ave Alton, IL 62002

OFF-MARKET Commercial real estate Google Maps
0.63 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 0.63-acre commercial property presents a rare investment opportunity in the thriving city of Alton, Illinois. Situated at the highly visible intersection of Landmarks and Ridge, this prime corner lot offers unparalleled exposure and accessibility for a wide range of commercial ventures. The property's strategic location ensures high visibility and significant foot traffic, making it ideal for businesses seeking maximum brand awareness and customer engagement. The expansive 0.63-acre lot provides ample space for new construction or redevelopment, allowing for significant flexibility in design and functionality. This versatile property is well-suited for a variety of commercial uses, including retail, restaurants, office spaces, or other suitable businesses. Its location within Alton offers easy access to major transportation routes, ensuring convenient access for both employees and customers. The asking price of $350,000 represents a compelling investment opportunity in a rapidly growing market. Don't miss this chance to acquire a prime commercial property in a desirable location with significant potential for future growth and profitability. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The address is 700 E Broadway Avenue, Alton, IL.

Property profile

Verified
Property type Commercial real estate
Lot 0.63 ac (27,443 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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