6519 Us-45, Watson, IL 62473
This exceptional 8,773-square-foot mixed-use commercial building in Watson, Illinois, presents a unique investment opportunity. Situated on a 3-acre lot, this single-story, 1980-built structure boasts 18-foot ceilings and features a versatile layout ideal for various businesses. The property includes a large reception area (approximately 36' x 20'), five offices, an 18' x 21' conference room, a breakroom, and three restrooms. Extensive warehouse space is available, encompassing a 20' x 45' work/paint room, a 20' x 22' paint room, a 36' x 18' work/tool room, and two 52' x 22' garage bays. Recent upgrades include custom epoxy floors and electrical system updates. Adding to its appeal are a detached three-car garage and two mobile home rental units on the property. The building is zoned commercial and is offered at $375,000 ($42.74/sq ft) with a NNN lease option available at $6,500 per month. The seller is open to considering contract for deed financing for qualified buyers. This property's size, diverse spaces, and existing improvements make it an attractive prospect for a wide range of commercial ventures. The location in Watson, Illinois, offers easy access to US-45.
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
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.