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    600 Camp Ave Olney, IL 62450

    Sponsored
    For Sale
    $345,000

    Flex/Warehouse space, 5.5 acres, great potential.

    Property size:
    2,375 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional Olney, Illinois industrial property presents a compelling investment opportunity. Located at 600 S Camp Ave, this 5.5-acre lot boasts a substantial 2,375 square foot block building and a 2,390 square foot metal building, providing ample space for diverse uses. The property also includes nineteen metal storage containers, which are available for sale with the property. The lot features a 6-inch water main and benefits from proximity to a railroad spur, enhancing logistical capabilities. The property's IND zoning allows for a variety of industrial and commercial applications, making it ideal for storage units, warehousing, or other similar ventures. The property's total lot size is 239,580 square feet. The buildings are served by a 200-amp electrical service. This property is also available for lease, and can be leased in conjunction with another property located at 4295 N. Holly Rd., Olney, IL. The property's APN is 1-11-03-117-001

    Property Features for 600 Camp Ave

    General Information

    Property type
    Self storage facilities
    Square Feet
    2,375 SF
    Lot Size
    239,580 SF

    Building Details

    Year Built
    1989

    HighLights

    • 239,580 SF lot with rail spur access.
    • Metal building and block building improvements.
    • On‑site storage containers available.
    • 200‑amp electrical service.
    Property Profile Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Olney
    County
    Richland
    State
    Illinois
    Longitude
    -88.0868098
    Latitude
    38.7247105

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Self storage facility - Flex/Warehouse space, 5.5 acres, great potential.
    Where is this self storage facility located?
    The property is located at 600 Camp Ave Olney, IL.
    What is the asking price?
    The asking price for this property is $345,000.
    What are key features of this property?
    This property features: 239,580 SF lot with rail spur access.; Metal building and block building improvements.; On-site storage containers available.
    Request Owner's contact information
    600 Camp Ave Olney, IL 62450
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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
    600 Camp Ave Olney, IL 62450
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