1111 College Ave, Greenville, IL 62246-1387
This exceptional commercial property, located at 1111 E College Avenue in Greenville, Illinois, presents a compelling investment opportunity. Situated on a sizable 0.69-acre lot, the property offers significant potential for a variety of commercial uses. The building's square footage is currently undetermined, allowing for flexible development plans to suit individual business needs. The property's strategic location in Greenville provides excellent visibility and accessibility, making it an ideal site for businesses seeking a strong presence in the community. The asking price of $88,900 represents a competitive entry point into the Greenville commercial real estate market. Given the property's size and location, it is well-suited for a range of commercial ventures, from retail establishments to office spaces, or potentially redevelopment into a multi-unit property. Serious inquiries are encouraged to explore the possibilities and unlock the full potential of this promising investment. Further due diligence is recommended to determine the precise building specifications and suitability for intended use. The property is offered as-is. This is a rare opportunity to acquire a substantial commercial property in a desirable location at an attractive price. Don't miss out on this chance to secure your future in Greenville's thriving business landscape.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.