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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 Palmer Rd & Southport Dr Columbia, IL 62236

18,000 SF
Property ID
Property summary
AI-generated overview

Southport Plaza, located at the prominent intersection of Palmer Road and Southport Drive in Columbia, Illinois (zip code 62236), offers exceptional medical office space for lease. This mixed-use property, totaling 18,000 square feet, sits on a one-acre lot in Monroe County. The building currently has 5,320 square feet of vacant space available, perfect for a variety of medical practices. Suites range in size from a minimum of 745 square feet to a maximum contiguous space of 1,525 square feet, offering flexibility for businesses of different scales. The property is classified as both retail and office, reflecting its versatile nature and potential for diverse tenants. Its prime location in Columbia provides excellent visibility and accessibility for patients and staff. The multiple tenancy structure allows for a thriving community of healthcare professionals. This is an exceptional opportunity to establish or expand your medical practice in a well-situated and adaptable building. Interested parties are encouraged to inquire about available spaces and lease terms. The property is easily accessible from major roadways, ensuring convenient access for patients and staff.

Property profile
Verified
Property type Retail properties & Spaces
Total area 18,000 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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