Property profile

200 E Diaz St Herrin, IL 62948

FOR SALE
Commercial real estate
Property ID
US28-3622554
2,708 SF 0.49 ac lot
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Property summary

AI-generated overview

This exceptional 2,708 square foot commercial office building presents a unique opportunity in Herrin, Illinois. Nestled on a peaceful, 0.49-acre lot on the north end of town, the property boasts a serene atmosphere ideal for businesses prioritizing tranquility over high traffic. The building features a welcoming circular driveway leading to a spacious and inviting entryway. The interior is thoughtfully divided into two distinct, open office areas, offering flexibility for various business configurations. The east side includes a large conference room perfect for meetings and collaborations, complemented by a convenient kitchenette and a copy room with a half-bath. The west side comprises three generously sized private offices, catering to diverse work styles. A full guest bathroom adds to the property's practicality and convenience for clients and visitors. Ample parking is available both in the front and rear of the building, ensuring easy access and smooth workflow. The property's rear extends into wooded lots, creating a tranquil backdrop and offering potential for future expansion or development. This property is listed at $229,900 and represents a compelling blend of functionality, comfort, and growth potential in a highly desirable location.

Property profile

Verified
Property type Commercial real estate
Total area 2,708 SF
Lot 0.49 ac (21,344 SF)
UPID US28-3622554

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
  • Accounting Firm Tax Preparation

Location

200 E Diaz St Herrin, IL 62948
Herrin metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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