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    OFF-MARKET
    Retail properties & Spaces

    27195 Rte 3 Rd, Olive Branch, IL 62969

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    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail properties & Spaces
    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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    Permitted uses
    Allowed · conditional · prohibited
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