206 Rushing Dr, Herrin, IL 62948
This exceptional commercial investment opportunity encompasses three buildings totaling 22,000 square feet situated on a prime 2.85-acre lot at the highly visible corner of Route 13 West and Route 148 in Herrin, Illinois. The property's strategic location ensures excellent visibility and accessibility for businesses. The buildings offer diverse possibilities for a variety of uses. One building, previously a daycare center, features a layout well-suited for conversion back to a daycare, potentially benefiting from existing features such as a commercial kitchen and ample space for playground equipment. Another building's past use as a health club suggests adaptability for fitness-related businesses or other ventures requiring office and recreation areas. Currently, a medical supply company leases the third building, providing a stable income stream. The individual addresses of the three buildings are 200, 204, and 206 Rushing Drive, offering flexibility for separate leasing or unified operation. This property presents a unique chance to acquire a substantial commercial portfolio in a desirable location with significant potential for growth and diverse income streams. The asking price is $1,500,000.
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.