Property profile

102 Van Buren St New Athens, IL 62264

OFF-MARKET
Other commercial real estate
Property ID
US28-1781773
0.15 ac lot
Individually Owned 5-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This 5,913-square-foot former Lehr’s Meat Market building includes a retail area with a display case, cattle holding area, processing room, office area, and multiple refrigeration and storage spaces, including two walk-in freezers, a chill cooler, and an additional cooler. The facility further contains two drying rooms, two indoor smokehouses, and a kill room. The building is situated on S Van Buren St. in New Athens, approximately a quarter mile from Route 15, with proximity to the town’s boat ramps. The interior configuration is suited for meat processing and can potentially be adapted to related food production or other uses requiring similar back-of-house processing spaces.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.15 ac (6,534 SF)
APN 18-28-0-420-011
UPID US28-1781773

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Take-out & Catering Butcher
  • Specialty Food Shop Butcher

Location

102 Van Buren St New Athens, IL 62264
New Athens metro Census 504001 ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2021
Last sale
$20,000
3 recorded transactions
2021
$20,000
2004
$7,000
2002
$70,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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