Property profile

903 Main St El Paso, IL 61738

OFF-MARKET
Retail properties & Spaces
7,200 SF Built 2004
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Property summary

AI-generated overview

This exceptional 7,200-square-foot retail property, located at 903 W. Main Street in El Paso, Illinois, presents a significant opportunity. Built in 2004, this single-tenant building sits on a 0.64-acre lot and is currently vacant. The structure is a one-story, free-standing building featuring a metal-sided exterior with a steel frame and block facade. The interior layout is well-designed for retail operations, encompassing a spacious sales area, a smaller office, employee area, stockroom, and two restrooms. The building's roof is a pitched design with a standing metal seam roof cover over a metal deck supported by steel joists, ensuring durability and energy efficiency. The ample parking lot provides convenient access for customers and employees. This property is situated in Woodford County, Illinois, with the zip code 61738, offering excellent visibility and accessibility. The property's size and layout make it suitable for a variety of retail businesses seeking a well-maintained and functional space. Its location in El Paso provides access to a local market and offers potential for growth. This is a prime opportunity for an investor or business owner looking for a ready-to-occupy retail space.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2004
Total area 7,200 SF

Cap rate & NOI

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

Location

903 Main St El Paso, IL 61738
El Paso metro
Google Maps

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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