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    3000-3194 Nec Pershing Rd And Water St Decatur, IL

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    For Lease
    Contact for pricing

    Grocery-anchored shopping center with shop and anchor spaces for lease.

    Property size:
    4,361 SF
    Lot size:
    20.16 Acres

    Property Features for 3000-3194 Nec Pershing Rd And Water St

    General Information

    Size
    4,361 SF
    Lot size
    20.16 Acres

    Source: Mid-America Real Estate Group Agent Brooke Spinell

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Decatur Retail Space Available

    This well-located shopping center in Decatur is anchored by a grocery store. The property is situated in an area with nearly 72,000 residents. Small shop and anchor spaces are available for lease. The location is proximate to Hickory Point Mall and I-72. The property offers 4,361 square feet of retail space.
    Location Intelligence

    Current Use by Public Records

    Shopping malls

    Map

    City
    Decatur
    County
    Macon
    State
    Illinois
    Longitude
    -88.9548001
    Latitude
    39.8403147

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    FAQs

    What type of property is this?
    Shopping center - Grocery-anchored shopping center with shop and anchor spaces for lease.
    Where is this shopping center located?
    The property is located at 3000-3194 Nec Pershing Rd And Water St Decatur, IL.
    What are key features of this property?
    This property features: - Grocery-anchored shopping center; - Located in Decatur with approximately 72,000 residents; - Small shop space available
    (630) 954-7300
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    3000-3194 Nec Pershing Rd And Water St Decatur, IL
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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
    3000-3194 Nec Pershing Rd And Water St Decatur, IL
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