60 Niemann Ln Murphysboro, IL 62966
This exceptional commercial property, located at 60 Niemann Lane in Murphysboro, Illinois, presents a unique investment opportunity. The 7,000 square foot building, constructed in 2014, sits on a 0.84-acre lot and is zoned for commercial use. Previously occupied by Aaron's, this stand-alone structure offers a versatile layout ideal for a variety of retail and/or warehouse operations. Its prominent location in front of a Walmart provides excellent visibility and accessibility, ensuring high foot traffic and brand recognition. The property boasts ample space for both retail display and storage, making it suitable for businesses requiring a blend of showroom and warehouse functionality. The building is currently vacant and ready for immediate occupancy, with an anticipated occupancy date of August 26, 2024. The property's APN is 14-12-100-024, and ownership is held by an LLC. This is a turnkey solution for businesses seeking a high-impact location in a thriving community. The asking price is $635,000. Don't miss this chance to secure a prime commercial space in a strategic location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.