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    2591 12Th St Carlyle, IL 62231

    Sponsored
    For Lease
    Contact for pricing

    Two buildable outlots near Walmart.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial land opportunity presents two available outlots totaling between 1.03 and 1.16 acres in Clinton County. Ideally situated for retail development, these parcels boast high visibility and excellent access, positioned directly in front of a Walmart Supercenter on Highway 127, a road with a high volume of daily traffic (8,850 vehicles per day). The property is zoned for commercial use and offers developers the chance to construct either a single-tenant building or a shadow-anchored shop space, capitalizing on the significant foot traffic generated by the adjacent Walmart. The land is currently available for ground lease, providing a flexible and attractive investment opportunity for businesses seeking a prime location with strong potential for return. The multiple tenancy option allows for diverse development possibilities, catering to a range of retail needs and maximizing the property's commercial viability. This is a rare chance to secure a highly visible and strategically located parcel in a thriving retail corridor. The size of the lots allows for substantial building plans, ensuring ample space for development and future expansion. Serious inquiries are encouraged to explore this exceptional opportunity. Detailed site plans and zoning information are available upon request.

    Property Features for 2591 12Th St

    General Information

    Property type
    Land
    Lease Type
    Gross Lease

    Unit(s) available at that property

    Space
    Available Lot 2
    Size
    0 SF
    Space
    Available Lot 4
    Size
    0 SF

    HighLights

    • High‑visibility retail outlots available for ground lease.
    • Excellent opportunity to build single‑tenant or shadow‑anchored retail space adjacent to a Walmart Supercenter.
    • Located on Highway 127, experiencing 8,850 vehicles per day.
    • Lot sizes ranging from 1.03 to 1.16 acres.
    • Two spaces available for lease in Clinton County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Hotel & Motel Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Carlyle
    County
    Clinton
    State
    Illinois
    Longitude
    -89.3767706
    Latitude
    38.629536

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    Nearby Similar for Lease

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      Carlyle Office Space For Rent

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    FAQs

    What type of property is this?
    Land - Two buildable outlots near Walmart.
    Where is this land located?
    The property is located at 2591 12Th St Carlyle, IL.
    What are key features of this property?
    This property features: High-visibility retail outlots available for ground lease.; Excellent opportunity to build single-tenant or shadow-anchored retail space adjacent to a Walmart Supercenter.; Located on Highway 127, experiencing 8,850 vehicles per day.
    Request Owner's contact information
    2591 12Th St Carlyle, IL 62231
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    Carlyle, IL 62231
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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
    2591 12Th St Carlyle, IL 62231
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