Property profile

601 Rdg Ave Greenville, IL 62246

OFF-MARKET
Commercial real estate
Property ID
US28-3216000
480 SF 0.45 ac lot Built 1992
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional 4,704 square foot commercial property in Greenville, Illinois presents a unique opportunity for agricultural businesses. The property boasts a substantial 3,072 square foot storage building/shop, ideal for equipment, supplies, or inventory. An attached office space provides convenient administrative functions. The strategic location ensures easy access for large vehicles and deliveries, making it an efficient hub for operations. The property is situated on a 0-acre lot, offering ample space for maneuvering and storage. This is a rare chance to acquire a well-maintained facility in a prime agricultural area. Please note a 20-year non-compete clause restricts the sale or distribution of agricultural chemicals, seed, or fertilizer on the property following the sale. The seller will convey title via a special or limited warranty deed, subject to this restriction. This property is perfect for businesses seeking secure, accessible storage and a convenient workspace within a thriving agricultural community. Don't miss this chance to acquire a valuable asset in a desirable location.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1992
Total area 480 SF
Lot 0.45 ac (19,500 SF)
APN 05-30-14-102-007
UPID US28-3216000

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Garden Center

Location

601 Rdg Ave Greenville, IL 62246-2229
Greenville metro Census 951300 ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$100k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$80k

Owner & transaction history

since 2026
Last sale
$86,000
3 recorded transactions
2026
Price N/A
2026
$86,000
2021
$85,000

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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