Property profile

1111 College Ave Greenville, IL 62246

OFF-MARKET
Commercial real estate
Property ID
US28-3205178
0.68 ac lot
Individually Owned 11-yr Hold Free & Clear
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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

Location

1111 College Ave Greenville, IL 62246-1387
Greenville metro Census 951300 ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2015
1 recorded transaction
2015
$10,000

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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