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    Property profile & analytics

    27195 Rte 3 Rd Olive Branch, IL 62969

    • Retail properties
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 27195 Rte 3 Rd

    Property type
    Retail properties
    Property subtype
    Office Properties & Spaces

    Description

    This exceptional commercial property, located at 27195 N ROUTE 3 Road in Olive Branch, Illinois, presents a fantastic business opportunity. Priced at $49,000, this versatile land parcel offers a combination of office and retail space, ideal for a variety of uses. The existing building features a recently installed HVAC system in one section, ensuring comfortable year-round operation. The flexible interior layout includes two separate rooms, allowing for independent businesses or a single, larger space. This presents a unique opportunity for entrepreneurs seeking a turnkey solution. Beyond the main building, the property also includes climate-controlled storage units, each renting for $300 per month, inclusive of utilities. This adds a significant revenue stream to the overall investment potential. The main building itself is currently generating rental income of $500 per month, plus utilities, providing immediate cash flow. Situated in Alexander County, Illinois, zip code 62969, this property boasts a convenient location with easy access to Route 3. The property's latitude and longitude coordinates are 37.168617 and -89.35674 respectively. Don't miss this chance to acquire a profitable and adaptable commercial property in a thriving Illinois market.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Olive Branch
    County
    Alexander
    State
    Illinois
    Longitude
    -89.3567
    Latitude
    37.1686

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    27195 Rte 3 Rd
    Olive Branch, IL 62969
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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