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Hwy 40 & Commerce Ln Highland, IL 62249

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For Sale
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Prime Industrial & Commercial Land

Property size:
1,131,253 SF

Property Features for 0 Hwy 40 & Commerce Ln

General Information

Property type
Land
Square Feet
1,131,253 SF
Lot Size
34,848 SF

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Listing Contact
Mike Durbin
Mike Durbin

Listing Agency: Barbermurphy Group Listing Agent: Mike Durbin

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This exceptional offering presents a unique opportunity to acquire shovel-ready land parcels in Highland, Illinois, ideally situated near major transportation arteries and amenities. The property encompasses a total of 1,131,253 square feet across various lot sizes ranging from 0.8 to 26 acres. Underground utilities, roads, and water detention are already in place, significantly reducing development time and costs. The land is zoned for industrial use, allowing for a diverse range of development possibilities, including office, flex/warehousing/distribution, retail, and service centers. Strategic location offers easy access to St. Joseph's Hospital (1.5 miles) and Interstate 70 (5.5 miles). Build-to-suit and leaseback options are available. Pricing varies by lot size, ranging from $1.90 to $5.95 per square foot. Specific lot sizes and pricing are as follows: Lots 1-4 (17 acres, $1.90/sf), Lots 5-6 (4.9 acres, $5.95/sf), Lots 8-9 (2.47 acres, $4.50/sf), Lot 10 (0.8 acres, $3.00/sf), and Lot 11 (0.8 acres, $3.00/sf). The property is vacant and ready for immediate development. This is an unparalleled opportunity for investors and developers seeking a prime location with significant upside potential. The APN is 01-1-24-06-00-000-004.001. The property is held under single ownership.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
Highland
County
Madison
State
Illinois
Longitude
-89.6919925
Latitude
38.7420223

FAQs

What type of property is this?
Land - Prime Industrial & Commercial Land
Where is this land located?
The property is located at Hwy 40 & Commerce Ln Highland, IL.
What are key features of this property?
This property features: 17 acres (Lots 1-4) available at $1.90 per square foot.; 4.9 acres (Lots 5-6) priced at $5.95 per square foot.; 2.47 acres (Lots 8-9) offered at $4.50 per square foot.
(502) 767-4199 Call to check price and availability
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