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Property profile & analytics
FOR SALE
Commercial real estate

6108 Godfrey Rd Godfrey, IL 62035

Property ID
US28-0616218
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
UPID US28-0616218
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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