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Financial
Distress signals
Property profile

702 Broadway Centralia, IL 62801

OFF-MARKET
Commercial real estate
Property ID
US28-4846031
10,640 SF 1.27 ac lot Built 2015
Last sale Jan 2025 · $1,192,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 10,640 square foot Dollar General store located at 702 W Broadway, Centralia, IL 62801. Built in 2016 on a 1.27-acre lot, this property boasts a strong 7.75% cap rate and a substantial net operating income (NOI) of $99,732. The absolute NNN lease, with a corporate guarantee from a credit-rated tenant, ensures minimal landlord responsibilities. The lease, expiring March 31, 2031, has approximately seven years remaining, with built-in 10% rent…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$21k
Tax billed · 2022
Assessed value$223k
Assessed land$44k
Assessed improvement$178k
Effective rate9.34%

Value estimate

· Oct 2026
$1.13M
$1.02M – $1.24M
AI approach$1.14M
Submarket $/SF estimate$1.03M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$355/SF
ZIP average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$79 – $494
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
51
JurisdictionCLINTON

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office16.0
Realty agency15.9
Parking Facility10.3

Location

702 Broadway Centralia, IL 62801
County assessor Recorded deeds · 2 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1819 Mccord, Centralia, IL 62801-5838 $80,000 Feb 2026 6,072 SF
804 Mccord, Centralia, IL 62801-5355 $54,000 Feb 2026 2,100 SF
140 Commercial, Centralia, IL 62801-2035 $110,000 Jan 2026 No data
Lincoln, Centralia, IL 62801 $70,000 Jan 2026 No data
326 Broadway, Centralia, IL 62801-3253 $180,000 Dec 2025 No data
113 Grn, Centralia, IL 62801-2074 $2,924,524 Dec 2025 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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