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    Olney, IL
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    Olney, IL Commercial Land for Sale

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    Noble, IL Calhoun, IL West Salem, IL Clay City, IL Bridgeport, IL Newton, IL Oblong, IL Bone Gap, IL
    5.5 Acre Lot with Buildings
    Updated: Dec 7, 2021
    5.5 Acre Lot with Buildings

    600 S Camp Ave, Olney, IL 62450

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    2,375 sqft 5.50 AC lot
    5.5 acre lot
    2,390 sq ft metal building
    2,375 sq ft block building
    19 metal storage containers (negotiable with sale)
    6 inch water main
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Olney, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Prime Commercial Land on US-50
    Prime Commercial Land on US-50

    E 12th Street E, Flora, IL 62839

    Contact for pricing
    3.00 AC lot

    Development-ready 3-acre lot with high-traffic US-50 frontage.

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    Commercial Lot with Billboard Rental
    Commercial Lot with Billboard Rental

    1021 Hart Street, Vincennes, IN 47591

    $129,900
    0.44 AC lot

    Commercial lot with on-site billboards and $4,050 annual rental income, with public utilities available and easy highway access.

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    Mixed-Use Development Land
    Mixed-Use Development Land

    1323 Washington Ave, Vincennes, IN 47591

    Contact for pricing
    0.39 AC lot

    Commercial land on a heavily traveled main road in the Vincennes business district with multiple use possibilities and an existing building needing TLC.

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    Commercial Land Parcels
    Commercial Land Parcels

    905 E North Ave, Flora, IL 62839

    Contact for pricing
    0.45 AC lot

    Two commercial land lots totaling 0.45 acres, offering high visibility and convenient access.

    View details

    Olney, IL Commercial Land Market Trends and Statistics

    Explore 1 commercial land for sale in Olney, IL on our real estate platform. These investment opportunities span a total of 239,580 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Agricultural land / Farmland 2
    Hunting land 2
    Commercial land 1
    Recreation land 1
    Residential land & home lots 1

    Demographics Overview

    Population 12K
    Population Growth (5Y) +1.4%
    Median Household Income $60,133
    College Educated 27.7%

    High-Yield Neighborhoods for Investment

    Identify Olney submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    62450 $250K

    Taxes & Financing

    Tax Rate (average for all types) 7.55%
    Average Loan-to-Value 65.0%

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