Property profile

715 Mccambridge Ave Madison, IL 62060

FOR SALE
Commercial land
Property ID
US28-1624120
0.02 ac lot
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

A single-tenant, freestanding retail property in Madison, Illinois, situated on a hard corner along McCambridge Avenue within the St. Louis, MO Metropolitan Statistical Area (MSA). The site is configured for a Family Dollar-style retail use and is designed under an absolute NNN (triple-net) lease structure, assigning zero landlord responsibilities. The surrounding area is characterized by high population density, with more than 24,000 residents within a 3-mile radius and more than 100,000 residents within a 5-mile radius, and includes projected population growth of approximately +2.30% through 2029 within a 1-mile radius. Vehicle traffic at the location is supported by more than 15,500 vehicles passing the site daily on McCambridge Avenue, and the property is approximately 15 miles from St. Louis Lambert International Airport.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.02 ac (871 SF)
APN 21-2-19-25-12-206-003
UPID US28-1624120

Cap rate & NOI

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

Location

715 Mccambridge Ave Madison, IL 62060
Madison metro Census 400600 ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.91M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.70M

Owner & transaction history

since 2017
Last sale
$1.7M
2 recorded transactions
2017
$1.8M
2016
Price N/A

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message