3120 Maryville Rd, Granite City, IL 62040-5189
This exceptional commercial property at 3120 Maryville Road, Granite City, IL 62040, presents a unique investment opportunity. Priced at $325,000, this industrial property boasts a substantial 10,624 square foot lot. The existing building offers approximately 2500 square feet of brick construction, providing a solid foundation for a variety of uses. Its prime location in a high-traffic area offers excellent visibility and accessibility. The property's flexible zoning may allow for special use permits, opening doors to creative ventures such as restaurants, subject to local approvals. The large, open main space provides a blank canvas for customization, allowing buyers to design and develop the space to perfectly suit their needs. Additional finished square footage on the lower level offers versatile functionality, ideal for storage, preparation areas, or private events. The property also features ample parking at the rear and four bathrooms, ensuring convenience for both customers and staff. This is a rare chance to acquire a well-situated property with significant potential in a thriving area. The property is classified as Industrial and Land, with a Warehouse and Commercial subtype. The property is located in Madison County, Illinois, zip code 62040.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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.