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    372 Vincennes Trl Pekin, IN 47165

    For Sale
    $149,900

    Prime Retail Space, High Visibility, 1.07 Acres

    Property size:
    1,708 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional 1,708 square foot retail property, located at 372 W Vincennes Trail in Pekin, Indiana, presents a unique investment opportunity. Situated on a 1.07-acre lot, this property boasts an impressive 180 feet of frontage along Highway 135, ensuring high visibility and accessibility for potential customers. The building previously operated as a gas station, featuring a bathroom with a stall and sink, and an exhaust system in the kitchen area. While the building currently lacks heating and air conditioning, it is fully equipped with electric service. Importantly, all underground storage tanks (8,000-gallon, 6,000-gallon, 1,000-gallon off-road, 1,000-gallon on-road, and 1,000-gallon kerosene tanks) have been professionally removed, eliminating environmental concerns and paving the way for a variety of commercial uses. The strategic location and ample road frontage make this property ideal for a diverse range of businesses seeking high traffic exposure. This is a rare opportunity to acquire a well-positioned commercial property with significant development potential in a growing area. The asking price is $149,900. Don't miss this chance to secure a prime retail location with excellent highway visibility.

    Property Features for 372 Vincennes Trl

    General Information

    Property type
    Retail properties
    Square Feet
    1,708 SF
    Lot Size
    46,609 SF

    Building Details

    Year Built
    1983
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Restaurant Spa & Massage Auto Repair Shop Hair Salon Clothing Store Nail Salon Bar & Pub

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pekin
    County
    Washington
    State
    Indiana
    Longitude
    -86.10169
    Latitude
    38.49956

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Space, High Visibility, 1.07 Acres
    Where is this retail property located?
    The property is located at 372 Vincennes Trl Pekin, IN.
    What is the asking price?
    The asking price for this property is $149,900.
    (812) 883-9555
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    372 Vincennes Trl Pekin, IN 47165
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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
    372 Vincennes Trl Pekin, IN 47165
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