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    Established Car Lot with Vacant Land Title is generated by Realmo AI

    17092 Route 37 N, Johnston City, IL 62951

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    Car lot with vacant land suitable for various business uses.

    Type:Special Purpose
    Property size:
    744 SF
    Lot size:
    3.84 Acres
    Price / SF:
    $161/SF
    Added:
    Mar 12, 2026
    Days on Market:
    117
    Last Refresh:
    Mar 19 at 10:56 pm

    Property Features for 17092 Route 37 N

    General Information

    Standard status
    Active
    Size
    744 SF
    Lot size
    3.84 Acres
    Property subtype
    Special Purpose

    Building Details

    Year Built
    31

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    Mary Jo Gilmore

    Listing office CENTURY 21 House of Realty Marion

    Listing date Mar 12, 2026

    Source Crexi

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

    All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 House of Realty Marion

    HighLights

    • Highly visible location ideal for various business uses.
    • Includes both a .32 acre car lot and 3.52 acres of vacant land.
    • Proven location with a thriving existing business.
    • Ample space to accommodate up to 40 vehicles.
    • Suitable for auto sales, storage building sales, trailer sales, or other commercial ventures.
    • Flexibility for inventory and expansion.

    Overview

    This property features an established car lot with an additional 3.52 acres of vacant land. The car lot, situated just north of Johnston City, is 0.32 acres. The location offers high visibility, making it suitable for various business uses. The lot has previously accommodated up to 40 vehicles, making it suited for auto sales. Alternative commercial ventures include storage building sales, trailer sales, a gaming/slot location, or equipment sales. The property provides road visibility and space for inventory and expansion, offering flexibility for different business models. The current owner operates a thriving business at this location. Parcel 02-12-200-048 has a building on it, while parcel 02-12-200-046 is land to the north. The property size is 744 square feet.

    Local Financial Insights For Specialty Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $14.1k $18.96
    − Vacancy −$592 −$0.80
    EGI $13.5k $18.16
    − OpEx −$3.4k −$4.54
    NOI $10.1k $13.62
    744 SF · lease $18.96/SF/yr · vacancy 4.20% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $144.8K
    $126.7K – $168.9K (±1% cap)
    NOI $10,135 @ 7.0% cap · market cap 8.45%
    Second Best
    Retail
    $86.8K
    $75.9K – $101.3K (±1% cap)
    NOI $6,075 @ 7.0% cap · market cap 5.06%
    Theoretical Best
    Office A
    $156.8K
    $137.2K – $183.0K (±1% cap)
    NOI $10,979 @ 7.0% cap · market cap 9.15%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Spa & Massage Center Auto Repair Shop Hotel & Motel Gym & Fitness Center Furniture & Home Goods Arcade & Gaming Center Nursing Home Nursing Home Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Johnston City
    County
    Williamson
    State
    Illinois
    Longitude
    -88.932602
    Latitude
    37.842912

    FAQs

    What type of property is this?
    Car wash - Car lot with vacant land suitable for various business uses.
    Where is this car wash located?
    The property is located at 17092 Route 37 N Johnston City, IL.
    What is the asking price?
    The asking price for this property is $120,000.
    What are key features of this property?
    This property features: Highly visible location ideal for various business uses.; Includes both a .32 acre car lot and 3.52 acres of vacant land.; Proven location with a thriving existing business.
    More about this property
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