1001 Beadle DrCarbondale, IL 62901

Property Details for 1001 Beadle Dr

Lot size

0.14 AC

Property type

Office properties

APN

15-18-402-013

APU

1518402013

Description

This exceptional 3,700 square foot commercial property, situated on a 0.14-acre lot at 1001 N Beadle Drive in Carbondale, Illinois, presents a fantastic investment opportunity. Conveniently located in a business park off Highway 13 on Carbondale's west side, this remodeled building boasts eight offices and a reception area, making it ideal for a variety of uses, particularly medical or general office space. Currently operating as a call center for Shawnee Health, the property is under lease until July 2025 at a monthly rate of $2,650 under a modified gross lease agreement. A lease option is also available for prospective buyers. The building benefits from ample additional parking in a shared lot adjacent to the property, ensuring convenient access for employees and clients. The property's prime location and modern interior offer a compelling combination for both investors seeking rental income and businesses looking for established, well-maintained office space. The asking price for this turnkey commercial property is $249,900. This represents a strong value proposition given the existing lease and the property's desirable features. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $1,393,873

  6.5%

  $1,286,652

  7%

  $1,194,748

• Comparable approach

  Method

  Valuation

  Relative Method

  $475,400

  Geo Method

  $475,400

• Alternative Use

  Use

  Valuation

  Residential

  $1,595,449

  Hospitality

  $1,461,422

  Educational

  $1,215,886

  Medical

  $1,257,702

  Retail

  $1,891,379

Location Insight

City

Carbondale

County

Jackson

State

Illinois

Latitude

37.7368

Longitude

-89.2548

CBSA code

16060

CBSA name

CARBONDALE-MARION, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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