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    OFF-MARKET
    Banks

    46 State Rd 60, Pekin, IN 47165

    2,380 SF 0.25 ac lot Built 1972
    Individually Owned 6-yr Hold Free & Clear
    Property ID
    US31-1350367
    Property summary
    AI-generated overview

    This exceptional 2380-square-foot commercial building presents a rare opportunity for businesses seeking high visibility and convenient access. Situated on a 0.25-acre lot at the highly visible corner of East State Road 60 in Pekin, Indiana, this property benefits from significant daily traffic flow. Its strategic location directly across from a newly constructed Casey's General Store ensures consistent foot and vehicle traffic, providing unparalleled exposure for your business. The building itself is exceptionally well-maintained, offering ample space for a variety of commercial uses. The asking price of $1800 is highly competitive for a property of this caliber and location. This is an ideal opportunity to establish a strong presence in a thriving community. Don't miss out on this chance to secure a prime commercial space in a high-traffic area. The property's excellent condition and strategic location make it an attractive investment for businesses seeking growth and visibility. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Banks
    Use group FINANCIAL BUILDING
    Year built 1972
    Construction WOOD
    Total area 2,380 SF
    Lot 0.25 ac (10,890 SF)
    APN 88-14-24-444-054.000-014
    UPID US31-1350367
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Progressive Enginerring Concepts Ll · 6 yrs held
    Progressive Enginerring Concepts Ll
    since 2020
    3 recorded transactions
    2022
    2020
    2018
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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