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Property profile & analytics
OFF-MARKET
Commercial real estate

403 North Ave Flora, IL 62839

3,780 SF
Property ID
Property summary
AI-generated overview

This exceptional commercial property at 403 W North Avenue in Flora, Illinois presents a unique opportunity for an entrepreneur. The 3,780 square foot building, constructed in 1984, has been a thriving family-owned business for 36 years, enjoying high visibility and strong community recognition. The current business model includes minor vehicle service work, oil changes, tire sales and service, mower repair, mower tire repair, and blade sharpening. The building's spacious layout features tall ceilings, large overhead doors ideal for equipment access, a showroom area complete with shelving and slatted display walls, and a sizable service counter. Heating is provided by gas, supplemented by a shop unit capable of burning used motor oil, offering potential cost savings. The property also boasts the potential to reinstate a previously successful tool and party rental business, expanding revenue streams. Included in the sale are various pieces of equipment

Property profile
Verified
Property type Commercial real estate
Total area 3,780 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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