901 Market St Metropolis, IL 62960
This exceptional commercial land parcel, located at 901 Market Street in Metropolis, Illinois, presents a unique investment opportunity. The property boasts a substantial 18,000 square foot lot size, conveniently situated across from a Walgreens and just a block from one of Metropolis' busiest intersections. This high-traffic location offers unparalleled visibility and accessibility for a wide range of commercial ventures. The property's dimensions measure approximately 150 feet by 120 feet, providing ample space for development. The parcel is comprised of three lots combined into a single, easily managed unit, identified by APN 08-02-297-018. The C-3 zoning designation allows for a variety of limited business uses, making it suitable for a diverse range of commercial projects. The asking price for this strategically located property is $49,900. Its prime location and zoning make this an ideal investment for entrepreneurs seeking a high-visibility location in a thriving community. The property is ready for immediate development, offering significant potential for return on investment. Serious inquiries are encouraged. The zip code is 62960.
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
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.