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3543 Cermak Rd Chicago, IL 60623

OFF-MARKET Land Google Maps
Estimated value
No estimation on file for this property yet.
Property ID US28-0762139

Property summary

AI-generated overview

3033 Paxson Street presents a remarkable opportunity for retail businesses seeking a high-visibility location in the thriving Midtown Missoula market. This single-tenant property boasts a spacious 15,957 square feet of retail space, ideally situated near Southgate Mall, AMC Theater, and Scheels, ensuring high foot traffic and excellent brand exposure. The property benefits from its proximity to established businesses like Bob Ward & Son's sporting goods store and Cost Plus World Market, further enhancing its appeal and potential for synergy. The C1-4 commercial zoning allows for a wide range of retail uses. Ample on-site parking is available for customers and employees. The property's strategic location within a busy shopping center, coupled with the upcoming completion of the Providence Southgate Health Center, promises continued growth and increased customer traffic. Furthermore, there's potential for expansion. An additional 18,000 square feet could be added, bringing the total to nearly 34,000 square feet, through a build-to-suit arrangement at comparable terms, providing significant flexibility for larger retail operations. This exceptional property offers a unique blend of immediate occupancy and future expansion potential in a highly desirable Missoula location. The property's APN is 04220032121020000.

Property profile

Verified
Property type Land
UPID US28-0762139

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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