Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    4101 Vermilion St Danville, IL 61834

    Sponsored
    For Sale
    Contact for pricing

    High-traffic location, development ready.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.16-acre commercial lot, located at Lot #9, 4101 N Vermilion St, Danville, IL 61834, presents a prime opportunity for investors and developers. Situated in Vermillion County, Illinois, this property boasts a highly desirable B-3 zoning designation, opening doors to a wide range of commercial uses. The lot is strategically positioned on the same pad as a Walmart and directly adjacent to a Menards, ensuring high visibility and significant foot traffic. This translates to exceptional potential for businesses seeking maximum exposure and accessibility. The 1.16-acre parcel offers ample space for development, and there's the added benefit of potential combination with neighboring lots, allowing for expansion or customized development plans to suit specific business needs. This location offers unparalleled access to a substantial consumer base, making it an ideal investment for those seeking a high-return opportunity in a thriving commercial area. The property is currently for sale by owner. Interested parties should be aware that the property is located at the intersection of IL Route 1 and Newell Road.

    Property Features for 4101 Vermilion St

    General Information

    Property type
    Land
    Lot Size
    50,530 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Primo Water Refill ... Bottled Water Supplier Walmart Baby & Nursery ... Family Service Center Western Union Money Transfer Service Walmart Patio & Garden ... Landscaper MoneyGram Money Transfer Service

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Danville
    County
    Vermilion
    State
    Illinois
    Longitude
    -87.627381050607
    Latitude
    40.203704515669

    Nearby Similar for Sale

    • $549,000

      Versatile Office Space Near Hospitals

      9,381 SF office building ideal for medical or professional use.
      701 W Fairchild St, Danville, IL 61832
      View Details
    • $599,900
      0.50 Acres

      Established Bar & Grill Opportunity

      Turnkey bar and grill with equipment in southeast Danville.
      3124 Perrysville Rd, Danville, IL 61834
      View Details
    • $135,000
      0.08 Acres

      Historic Storefront in Downtown Danville

      Preserved historic storefront with high visibility and modern functionality.
      57 N Vermilion St, Danville, IL 61832
      View Details
    • $55,000

      Danville, IL Residential Income Property

      Three-unit residential income property in Danville, Illinois, fully leased.
      409 Chandler St, Danville, IL 61832
      View Details
    • $50,000

      Danville, IL Residential Income Property

      Duplex suitable for cash flow or owner-occupancy with rental income.
      716 Robinson St, Danville, IL 61832
      View Details
    • $650,000
      0.92 Acres

      Operating Motel with Development Potential

      33-room motel with land on a strategic arterial corridor.
      1824 E Main St, Danville, IL 61832
      View Details
    • $90,000
      0.12 Acres

      Danville Duplex with Rental Income

      Two-unit duplex in Danville, Illinois, fully rented and managed.
      123 N Gilbert St, Danville, IL 61832
      View Details
    • $55,000

      Danville IL Brick Duplex

      Centrally located, professionally managed duplex with updated features.
      1003 N Franklin St, Danville, IL 61832
      View Details
    • $1,950,000
      3 SF

      Multi-Tenant Investment Property For Sale

      Multi-tenant investment property in Danville, Illinois, near downtown.
      401 N Franklin St Danville, Danville, IL 61832
      View Details
    • $1,950,000
      28,312 SF

      401-407 N Franklin St, Danville, IL

      Office buildings • 28,312 SF
      401-407 N Franklin St, Danville, IL 61832
      View Details
    • $2,200,000
      8 SF

      Mixed-Use Center For Sale

      Value-add mixed-use center with diverse tenants and upside potential.
      610 N Gilbert St, Danville, IL 61832
      View Details
    • $2,200,000
      32,000 SF

      Mixed-Use Center For Sale

      Value-add mixed-use center with diverse tenants and upside potential.
      610-622 N Gilbert St, Danville, IL 61832
      View Details

    FAQs

    What type of property is this?
    Land - High-traffic location, development ready.
    Where is this land located?
    The property is located at 4101 Vermilion St Danville, IL.
    Request Owner's contact information
    4101 Vermilion St Danville, IL 61834
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4101 Vermilion St
    Danville, IL 61834
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    4101 Vermilion St Danville, IL 61834
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.