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    Clark Trl St Herrin, IL 62948

    Sponsored
    For Sale
    $95,000

    Prime Herrin location, high development potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    340
    This exceptional 95,000 USD commercial property presents a unique opportunity for investors and developers. Situated on Clark Trail Street in Herrin, Illinois, this lot offers significant potential for various commercial ventures. Its convenient location, just half a block from the main avenue, ensures high visibility and accessibility. The property is classified as general commercial, providing flexibility for a wide range of uses, subject to local zoning regulations. While the exact square footage is not currently specified, the lot size is described as offering ample space for development. The asking price of 95,000 USD makes this an attractive investment opportunity in a growing area. Prospective buyers are encouraged to conduct their own due diligence regarding zoning, utilities, and potential development costs. This property is ideally suited for entrepreneurs seeking a strategic location to establish a new business or for developers looking to capitalize on the area's growth potential. The half-block proximity to the main avenue guarantees significant foot traffic and easy access for customers and employees. This is a rare chance to acquire a well-positioned commercial lot in a desirable Herrin location. Serious inquiries are welcome.

    Property Features for Clark Trl St

    General Information

    Property type
    Other commercial real estate
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Herrin
    County
    Williamson
    State
    Illinois
    Longitude
    -89.04025
    Latitude
    37.79343

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Herrin location, high development potential.
    Where is this commercial real estate located?
    The property is located at Clark Trl St Herrin, IL.
    What is the asking price?
    The asking price for this property is $95,000.
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    Clark Trl St Herrin, IL 62948
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    Herrin, IL 62948
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Clark Trl St Herrin, IL 62948
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