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    Moore Ave Tuscola, IL 61953

    Sponsored
    For Sale
    $2,720,000

    Prime B-1 Zoned Development Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 23.76-acre commercial land parcel in Tuscola, Illinois, presents a unique investment opportunity. Strategically located at the I-57 exit onto Route 36, this property boasts unparalleled visibility and accessibility. The B-1 Highway Commercial zoning allows for a wide range of development possibilities, including fast food restaurants, hotels, apartments, office spaces, and senior living facilities. The site benefits from its proximity to a new Love's Truck Stop and a recently opened grocery store, ensuring high traffic and immediate access to amenities. The City of Tuscola is known for its proactive and supportive approach to development, making this an ideal location for businesses seeking a thriving environment. Major infrastructure is already in place, simplifying the development process. The property features significant frontage (191 feet) and depth (2400 feet), offering ample space for various projects. Lot sizes range from 0.8 to 12.76 acres, with pricing ranging from $470,000 to $850,000 per lot, or $2,720,000 for the entire parcel. The property's location near Champaign and Effingham provides access to a larger regional market. This is a rare chance to acquire a high-impact commercial property with exceptional visibility and development potential. The APN is 09-02-35-30-050.

    Property Features for 0 Moore Ave

    General Information

    Property type
    Land
    Lot Size
    1,034,986 SF

    HighLights

    • Sale Price: $470,000 - $850,000 per lot, or $2,720,000 for the entire 23.76‑acre parcel.
    • Lot Sizes: 0.8 to 12.76 acres.
    • Major infrastructure in place.
    • B‑1 Highway Commercial zoning allows for multiple uses, including restaurants, hotels, apartments, offices, and senior living.
    • Excellent access to amenities, including a nearby Love's Truck Stop and grocery store.
    • Convenient location near Champaign and Effingham, IL.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Tuscola
    County
    Douglas
    State
    Illinois
    Longitude
    -88.3044908
    Latitude
    39.7838178

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    FAQs

    What type of property is this?
    Land - Prime B-1 Zoned Development Land
    Where is this land located?
    The property is located at Moore Ave Tuscola, IL.
    What is the asking price?
    The asking price for this property is $2,720,000.
    What are key features of this property?
    This property features: Sale Price: $470,000 - $850,000 per lot, or $2,720,000 for the entire 23.76-acre parcel.; Lot Sizes: 0.8 to 12.76 acres.; Major infrastructure in place.
    (618) 610-1632
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    Moore Ave Tuscola, IL 61953
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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
    Moore Ave Tuscola, IL 61953
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