Property summary
This exceptional 2,460 square foot commercial property is ideally located on a high-traffic corner lot in the heart of Leroy, Illinois, ensuring maximum visibility and exposure for your business. Previously utilized as a car dealership and automotive shop, this versatile space offers a multitude of possibilities for a variety of commercial ventures. The property features a prominent storefront, a well-appointed office area, and a spacious garage perfect for accommodating cars, trucks, or other equipment. Conveniently located external restrooms provide easy access for customers and employees. Ample parking is available on-site, ensuring convenience for all. The garage's depth is particularly well-suited for automotive-related businesses. The main office area is equipped with HVAC for year-round comfort, while the garage benefits from radiant heat. The property boasts a recently updated metal roof, installed within the last five years, providing long-term durability and peace of mind. This turnkey opportunity presents a rare chance to establish or expand your business in a thriving location with significant potential for growth. The property is priced at $450,000. All information is believed to be accurate but is not guaranteed.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Le Roy market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight