4600 Ava Rd, Murphysboro, IL 62966
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.