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    OFF-MARKET
    Commercial real estate

    1111 College Ave, Greenville, IL 62246-1387

    0.68 ac lot
    Individually Owned 11-yr Hold Free & Clear
    Property ID
    US28-3205178
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 0.68 ac (29,760 SF)
    APN 05-30-11-401-026
    UPID US28-3205178
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Greenville Lodge #245 · 11 yrs held
    Greenville Lodge #245
    since 2015
    1 recorded transaction
    2015
    $10,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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