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    OFF-MARKET
    Commercial real estate

    4600 Ava Rd, Murphysboro, IL 62966

    7,296 SF Built 2002
    Property ID
    US28-2865145
    Property summary
    AI-generated overview

    Exceptional investment opportunity: a 7,296 square foot mixed-use property in Murphysboro, Illinois, listed at $1,200,000 ($164.47/sq ft). This vacant property, built in 2002, sits on a 7,296 square foot lot (APN: 08-14-300-016) and features a large metal building ideal for events. The event space boasts 28-foot ceilings, an open beam design, a full commercial kitchen, restrooms, and a custom bar. It comfortably accommodates 180 guests indoors and an additional 130 on the outdoor patio. Rental equipment includes tables, chairs, outdoor heaters, fire pits, and barrel pub tables with stools. The property also includes a 1,100 square foot attached office space with a full bath, kitchen, and two bedrooms. Conveniently located on a well-maintained county road, it offers easy access to Carbondale, Marion, Randolph County, and Cape Girardeau, Missouri. Paducah, KY, and the O'Fallon/St. Louis area are also within a 50-minute drive. This turnkey event venue presents a unique opportunity for significant return on investment. The property is privately owned and currently vacant.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 2002
    Total area 7,296 SF
    APN 08-14-300-016
    UPID US28-2865145
    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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
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