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    FOR SALE
    Distribution centers

    122 Virginia St, East Alton, IL 62024

    Property ID
    US28-0126307
    Property summary
    AI-generated overview

    This exceptional commercial property located at 122 Virginia Street, East Alton, IL 62024, presents a significant investment opportunity. The property, identified by APN 19-1-08-17-16-402-001, encompasses a substantial 20,038 square foot lot and features a 1.5-story all-brick building. The building offers over 3400 square feet of usable space, including a walkout lower level, making it highly versatile. Currently zoned B-2 Commercial, this property is ideally suited for a variety of office or commercial uses. The asking price is $175,000, translating to a price per square foot of $74.37. This property is a single building, two stories in height, and presents a rare opportunity to acquire a well-located commercial space in East Alton, Illinois. The property's size and zoning make it an attractive prospect for businesses seeking a flexible and functional workspace. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Distribution centers
    APN 19-1-08-17-16-402-001
    UPID US28-0126307
    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
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    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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