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Property profile & analytics
OFF-MARKET
Land

I69 & Doctor M.l.k. Jr Blvd Anderson, IN 46013

0.9 ac lot
Property ID
Property summary
AI-generated overview

This exceptional retail opportunity presents a 2,250 square foot store situated at the high-traffic intersection of Grand Avenue and River Road in River Grove, Illinois. Built in 1990, the property (APN 12-27-407-041-0000) is currently configured as a convenience/liquor store, offering a versatile layout adaptable to a variety of retail uses. The space benefits from excellent visibility and accessibility, making it an ideal location for businesses seeking high foot traffic and convenient access for customers. The property's location on a major intersection ensures significant exposure to a large customer base. The existing build-out as a convenience/liquor store provides a solid foundation for a new tenant, potentially minimizing initial setup costs and allowing for a quicker start to operations. This is a single available space within a multi-tenant building, offering a blend of independence and the benefits of shared amenities. The property's age suggests a potential for future upgrades or renovations to further enhance its appeal and functionality. This prime retail space represents a compelling investment opportunity for businesses seeking a well-established location with high visibility and strong potential for success. Serious inquiries are encouraged to explore this exceptional retail offering.

Property profile
Verified
Property type Land
Lot 0.9 ac (39,204 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
by Request
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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