2630 Staunton Rd Benld, IL 62009-1267
- Commercial real estate
- 2.44 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 2630 Staunton Rd
- Lot size
- 2.44 lot acres
- Property type
- Commercial real estate
- APN
- 10-000-551-00
- APU
- 1000055100
Description
This exceptional commercial property, located at 2630 Staunton Road in Benld, Illinois, presents a unique investment opportunity. The 4200 square foot building sits on a spacious 2.44-acre lot, offering ample space for various commercial ventures. Previously operating as Toni's Family Restaurant, the property boasts a significant seating capacity of approximately 150 patrons, along with a dedicated banquet room, ideal for special events or private functions. A large parking area ensures convenient access for customers and employees. The property's location along State Route 4 provides excellent visibility and accessibility, making it an attractive option for businesses seeking high traffic exposure. The seller is offering a lease option, providing flexibility for potential buyers. This versatile property is well-suited for a variety of commercial uses, offering significant potential for growth and profitability. The substantial size of the building and the expansive lot provide ample room for expansion or modification to suit specific business needs. Its strategic location and existing infrastructure make it a compelling investment opportunity in the thriving Benld market. Serious inquiries are encouraged to explore the possibilities of this remarkable commercial property. The property is being offered at $399,900.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $280,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $290,000
- 6.5%
- $270,000
- 7%
- $275,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $290,000
- Geo Method
- $325,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $285,000
- Retail
- $320,000
- Mixed-Use
- $280,000
- Hospitality
- $335,000
- Educational
- $290,000
- Residential Income
- $260,000
- Energy
- $335,000
- Income-Based Land
- $345,000
- Food Service
- $335,000
Location Insight
- Map
- Local Demand
- City
- Benld
- County
- Macoupin
- State
- Illinois
- Longitude
- -89.8132
- Latitude
- 39.0962
- CBSA code
- 41180
- CBSA name
- ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA