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Commercial Development Site on Pershing
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640 E Pershing Rd, Decatur, IL 62526

High-traffic commercial development site suitable for retail or restaurant.

Property SizeContact for details
Days on Market1100

Property Features for 640 E Pershing Rd

General Information

Standard status Active
Property subtype Land
Zoning B-2
Listing Agency: Main Place Real Estate
Listed By: Zane Peterson · License #471020044
Source: Crexi
Added: Aug 18, 2023 Changed: Aug 8 Last Checked: Aug 20 at 5:35PM

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 Main Place Real Estate

Investment Insights

Based on property information with market context.

This commercial development site is located on E Pershing Road (IL- RT 121) at the intersection of Martin Luther King Jr. Drive. The site is zoned B2 for Commercial and Retail Use, making it suitable for a gas station, quick service restaurant, or a multi-tenant plaza. The average daily vehicle count exceeds 27,000. Neighboring businesses include an Aldi Grocery Store, Dairy Queen, Taco Bell, Dollar General, First Mid Bank, and a Ford Dealership.

Key Highlights

  • High traffic location with over 27,000 average daily vehicle count.
  • Prime commercial development site.
  • Zoned B2 for Commercial and Retail Use.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Building Supply Parking Lot & Garage Grocery & Convenience Store Kitchen & Bath Showroom Law Firm

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

610
Businesses Nearby

Demographics for 62526, IL

31,758
Population
16,425
Households
1.9
Avg Household Size
41
Median Age
20%
College-Educated
92%
High-School Grad
66.0 sq mi
ZIP Area
481
Density / Sq Mi
$48,222
Median Household Income
$39,048
Median Earnings
$785
Median Rent
$91,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - High-traffic commercial development site suitable for retail or restaurant.
Where is this commercial land located?
The property is located at 640 E Pershing Rd Decatur, IL.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: High traffic location with over 27,000 average daily vehicle count.; Prime commercial development site.; Zoned B2 for Commercial and Retail Use.
(217) 454-8800 Call to check price and availability
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