200 Potomac Blvd, Mount Vernon, IL 62864
This exceptional commercial property, located at 200 Potomac Blvd in Mount Vernon, Illinois, presents a unique investment opportunity. The single-story, 7,646 square foot office building sits on a one-acre lot (43,560 sq ft) in a high-traffic area, boasting excellent visibility and accessibility. Situated in the primary business district at the I-64/57 and IL Rt. 15 interchange (Exit 95), this C-Class building benefits from its proximity to major transportation routes and a thriving commercial and hospitality sector serving Mount Vernon and Jefferson County. Built in 1991, the building previously housed governmental services, including offices for tourism, the chamber of commerce, and economic development. The property features 25 parking spaces and is zoned C-5 Highway Commercial, allowing for diverse redevelopment possibilities. With a high average daily traffic count of 21,800 vehicles at the signalized intersection of Potomac Blvd and Rt. 15, the property enjoys significant exposure. Nearby amenities include brand-name restaurants and hotels. The asking price is $499,000, translating to $65.26 per square foot. Detailed reports, including a professional engineering report (structural assessment and estimated reuse costs), and an environmental report (mold analysis/assessment), along with building plans, are available. This property is ideal for adaptive reuse or new commercial development. The APN is 06-26-376-004 & 006.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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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.