Listing Agency: BARBERMurphy Show Phone

Listed By: Wayne Barber, Jr., SIOR Show Phone

Source: Moodyscre

Added: Sep 3, 2020 Changed: Jul 26 Last Checked: Jul 29 at 3:14PM

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Investment Insights

Based on property information with market context.

This waterfront industrial redevelopment site is the former 354 MW coal-fired power plant, featuring an 800-foot dock line on the Illinois River. Heavy utilities are available on site, and bulk river handling infrastructure includes a dock and bucket unloader that could be adapted for bulk material commodities. The property also includes a clam shell bucket unloader mounted on a river cell (which could be renovated and reused) and a spare bucket. USACE permits for river structures are reflected in Permit No. 823 (issued August 20, 1941 and modified May 17, 1963), along with Permit No. 741 (issued July 9, 1958) for the coal conveyor.

The site is located on the east bank of the Illinois River in Meredosia, Illinois, northwest of Jacksonville in Morgan County. Truck access is described as good to IL Route 67 and Interstate 72 (east–west), and Interstate 55 (north–south), with I-72 at Exit 46 about 15 miles away. A Norfolk Southern rail spur is also noted nearby, and high-voltage, bulk electrical power is available from Ameren Illinois.

Key Highlights

• 93.43 +/- acre former Ameren Meredosia power plant redevelopment site on the east bank of the Illinois River in Meredosia, IL
• 800' dock line on the Illinois River, with dock and bucket unloader that could be adapted for bulk material commodities
• Heavy utilities on site; high voltage bulk electrical power available from Ameren Illinois

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Big Box & Wholesale Store Nail Salon Fish Market Food Market

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

Lease Details

Yes

Heavy power

Yes

Highway access

Yes

Paved road access

Yes

Utilities to site

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

66

Businesses Nearby

Explore this area Business Placement

Demographics for 62665, IL

1,279

Population

766

Households

1.7

Avg Household Size

47

Median Age

10%

College-Educated

92%

High-School Grad

44.8 sq mi

ZIP Area

29

Density / Sq Mi

$53,229

Median Household Income

$35,972

Median Earnings

$663

Median Rent

$59,200

Median Home Value

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

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Frequently Asked Questions

What type of property is this?

Industrial land - Former power plant redevelopment site with an 800-foot dock line on the Illinois River and heavy utilities available.

Where is this industrial land located?

The property is located at 800 S Washington St Meredosia, IL.

What are key features of this property?

This property features: 93.43 +/- acre former Ameren Meredosia power plant redevelopment site on the east bank of the Illinois River in Meredosia, IL; 800' dock line on the Illinois River, with dock and bucket unloader that could be adapted for bulk material commodities; Heavy utilities on site; high voltage bulk electrical power available from Ameren Illinois