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Property profile & analytics
OFF-MARKET
Land

500 12Th St Flora, IL 62839

Built 2010
Property ID
Property summary
AI-generated overview

This exceptional 4.5-acre commercial property in Flora, Illinois, presents a remarkable investment opportunity. Located at 500 W 12TH Street, this land boasts unparalleled visibility and accessibility, situated near major retailers including Walmart, Dollar Tree, and O'Reilly's Auto Parts. The property includes a 2010-built structure featuring approximately 3,849 square feet of beautifully finished interior space, complemented by a 984 square foot finished garage area. High tray ceilings, elegant lighting, crown molding, and classic doors enhance the interior's appeal. Ample parking is ensured with a 30,354 square foot concrete drive offering 55 dedicated parking spots and a convenient 600 square foot covered entry for drop-offs. The well-maintained building and expansive grounds offer significant potential for future expansion or additional development. The asking price is $600,000. A lease option is available for those seeking flexible terms. This property's prime location and versatile features make it ideal for a variety of commercial ventures. The seller is open to exploring all possibilities, making this an exceptional opportunity for both purchase and lease considerations. Don't miss this chance to secure a highly visible and accessible commercial property in a thriving retail area.

Property profile
Verified
Property type Land
Year built 2010
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
Current use
Occupant on record · Public records
  • First Southern Baptist Church Church
  • McGriff & Triplett Funeral Homes Social Service Agency
  • McGriff Funeral Homes Social Service Agency
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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