280 Main St, Blandinsville, IL 61420
This exceptional commercial warehouse property, located at 280 S MAIN Street in Blandinsville, Illinois, 61420, presents a compelling investment opportunity. The property consists of one building situated on a land parcel and is classified as both commercial and warehouse space. The asking price is $30,000, reflecting a significant opportunity for buyers. While the property boasts a prime location in McDonough County, it does have some recent roof damage. This damage is factored into the attractive asking price, making this a potentially lucrative investment for those willing to undertake minor repairs. The property's classification as "Other" within the subtype suggests potential for diverse uses, depending on local zoning regulations. The precise dimensions and square footage of the building and land are not specified, requiring further due diligence by prospective buyers. Interested parties are encouraged to conduct thorough inspections and verify all details independently before making an offer. This property is being offered "as is," and the seller is motivated to finalize a sale quickly. The latitude and longitude coordinates are 40.554432, -90.8665267, allowing for easy location verification using mapping services. This is a rare chance to acquire a commercial warehouse in Blandinsville at a highly competitive price.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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.