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    6 Dannehold Farms Dr Waterloo, IL 62298

    Sponsored
    For Sale
    $79,000

    High-traffic location, prime development opportunity.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional 0.57-acre commercial lot presents a rare opportunity for development in Waterloo, Illinois. Situated at the highly visible intersection of Warren Drive and Jamie Lane, this property benefits from its prime location at the bustling north end of town, just off Route 3. The lot's corner position ensures maximum exposure to the significant traffic flow along this busy thoroughfare. Its strategic placement offers unparalleled visibility and accessibility for any commercial venture. Nearby established businesses include First Bank directly adjacent to the property, Sunset Ford Dealership immediately next door, and the Super 8 Motel across the street, creating a strong commercial cluster and high foot and vehicle traffic. This established commercial environment provides an ideal setting for a variety of businesses seeking high visibility and convenient access. The property is priced competitively at $79,000, making it an attractive investment for entrepreneurs and developers alike. This is a chance to establish a business in a thriving area with excellent potential for growth and return on investment. The property's size and location make it suitable for a wide range of commercial developments, offering significant potential for future success. Don't miss this exceptional opportunity to secure a prime commercial location in Waterloo.

    Property Features for 6 Dannehold Farms Dr

    General Information

    Property type
    Other commercial real estate
    Lot Size
    24,829 SF
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Waterloo
    County
    Monroe-IL
    State
    Illinois
    Longitude
    -90.16057
    Latitude
    38.3666

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, prime development opportunity.
    Where is this commercial real estate located?
    The property is located at 6 Dannehold Farms Dr Waterloo, IL.
    What is the asking price?
    The asking price for this property is $79,000.
    281-7621
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    6 Dannehold Farms Dr Waterloo, IL 62298
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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
    6 Dannehold Farms Dr Waterloo, IL 62298
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