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Property profile & analytics
OFF-MARKET
Commercial real estate

608 5Th St Metropolis, IL 62960

0.59 ac lot
Property ID
US28-4356466
Property summary
AI-generated overview

This exceptional 0.59-acre commercial land parcel presents a remarkable investment opportunity in the thriving city of Metropolis, Illinois. Strategically situated on East 5th Street (Route 45), this property enjoys unparalleled visibility and accessibility, boasting over 8,000 vehicles passing daily, according to Illinois Department of Transportation data. The permitted commercial zoning allows for a wide range of development possibilities, making it ideal for businesses seeking a high-traffic location. Located in the heart of Metropolis, this lot offers convenient access to local amenities and a strong customer base. The asking price for this prime commercial land is $49,000. Its central location and high daily traffic count make it an exceptional opportunity for entrepreneurs and investors alike. The 0.59-acre size provides ample space for various commercial ventures. Don't miss this chance to secure a prominent location in a bustling Illinois city. This property is ready for your vision and offers significant potential for future growth and profitability. Serious inquiries only.

Property profile
Verified
Property type Commercial real estate
Lot 0.59 ac (25,700 SF)
UPID US28-4356466
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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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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