Listing Agency: Joseph & Camper Commercial Show Phone

Listed By: Will Hayes · License #475122056 Show Phone

Source: Moodyscre

Added: Jan 3, 2023 Changed: Aug 8 Last Checked: Aug 20 at 5:52AM

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Investment Insights

Based on property information with market context.

This flat, buildable parcel is located in a growth sector of Washington, IL, and features I-1 industrial zoning. The property is positioned at the intersection of the planned Freedom Parkway extension, which will extend from near Walmart and Menards to Cummings Lane. The surrounding area includes other industrial users, retail establishments, medical facilities, and hotels, among others. This location is suitable for commercial development.

Key Highlights

• Prime location at the future intersection of Freedom Parkway extension and Cummings Lane.
• Hard to find I‑1 industrial zoning.
• Flat, buildable parcel.

Property Analytics

Property Profile

Current Use

Industrial land

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Big Box & Wholesale Store Parking Lot & Garage Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

269

Businesses Nearby

Explore this area Business Placement

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Industrial land - Flat, buildable industrial parcel in a developing area.

Where is this industrial land located?

The property is located at 300 N Cummings Ln Washington, IL.

What is the asking price?

The asking price for this property is $950,000.

What are key features of this property?

This property features: Prime location at the future intersection of Freedom Parkway extension and Cummings Lane.; Hard to find I‑1 industrial zoning.; Flat, buildable parcel.