6108 Godfrey Rd Godfrey, IL 62035
For Sale
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This exceptional 1.8-acre commercial land parcel, located at 6108 Godfrey Road in Godfrey, Illinois (zip code 62035), presents a remarkable opportunity for a variety of businesses. Priced at $350,000, this property offers significant potential for development tailored to specific business needs. Its convenient location provides easy access to Route 255 and is only a 30-minute drive from St. Louis, ensuring high visibility and accessibility for customers. The sale encompasses three parcels: 24-2-01-23-03-301-018, 24-2-01-23-03-301-019, and 24-2-01-23-03-301-020. Tax information, precise lot dimensions, and the legal description reflect the combined details of all three parcels. Prospective buyers and their representatives are advised to independently verify zoning regulations with the Village of Godfrey to ensure compliance with their intended use. This is a truly unique opportunity to establish a thriving business in a strategic location.
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.