You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Retail properties & Spaces

706 Plaza Dr Carterville, IL 62918

Property ID
Property summary
AI-generated overview

This exceptional commercial property at 706 E Plaza Drive, Carterville, IL 62918, presents a unique investment opportunity. Priced at $499,000, this offering encompasses a substantial land parcel improved with a ready-to-operate restaurant building. The building itself boasts two generously sized dining areas, perfect for accommodating a large clientele. A fully equipped kitchen, complete with all existing appliances and equipment, is included in the sale, eliminating the need for significant upfront investment in kitchen infrastructure. Ample storage space is available within the building, ensuring efficient operations. Beyond the main restaurant structure, the property includes a separate office building, providing additional space for administrative functions or potential expansion. A convenient carport, a substantial storage shed, and over 35 parking spaces cater to both staff and customers. Further enhancing the property's functionality is a drive-through window and a walk-in freezer and refrigerator, essential components for a successful food service establishment. This turnkey operation is situated in a desirable Carterville location, offering immediate potential for a new owner. The property's combination of features and prime location makes it an attractive prospect for experienced restaurateurs or ambitious entrepreneurs seeking a profitable venture.

Property profile
Verified
Property type Retail properties & Spaces
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
Current use
Occupant on record · Public records
  • Asian Bistro Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 706 Plaza Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message