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    OFF-MARKET
    Commercial real estate

    408 Bethalto Dr, Bethalto, IL 62010

    15,962 SF 0.72 ac lot
    Entity Owned 1-yr Hold Absentee Owner Free & Clear
    Property ID
    US28-0616228
    Property summary
    AI-generated overview

    This exceptional commercial property located at 408 & 416 West Bethalto Drive in Bethalto, Illinois, offers a fantastic opportunity for businesses seeking flexible office space. Situated in Madison County, this retail and office building boasts a total of 8,575 square feet. Currently, there are multiple units available, with a minimum divisible space of 1,400 square feet and a maximum contiguous space of 2,000 square feet. A significant 3,400 square feet is currently vacant, providing ample room for expansion or multiple tenants. The property's traditional office layout is ideal for a variety of businesses. The address is conveniently located in Bethalto, IL, zip code 62010, offering easy access to local amenities and transportation routes. This is a rare opportunity to secure prime office space in a desirable location. The building's layout allows for flexibility in configuring the space to meet individual business needs. Serious inquiries are encouraged to explore this exceptional opportunity to establish or expand your business in a thriving community. Contact us today to schedule a viewing and discuss your specific requirements.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Total area 15,962 SF
    Lot 0.72 ac (31,425 SF)
    APN 15-2-09-07-09-103-011
    UPID US28-0616228
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Yates Rentals LLC · 1 yrs held
    Yates Rentals LLC
    since 2024
    Last sale
    $90,000
    7 recorded transactions
    2024
    $90,000
    2024
    $79,500
    2019
    2019
    2009
    $385,000
    2004
    $310,000
    2004
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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