Worth Fort Worth Way, Mattoon, IL 61938
This exceptional 2-acre agricultural land parcel presents a unique investment opportunity in Mattoon, Illinois. Strategically located at the intersection of Interstate 57 and Route 16, this property enjoys high visibility and accessibility, benefiting from the significant traffic flow along this major corridor in Coles County. The land's proximity to the new Emerald Acres Sports Complex is a key advantage, positioning it to capitalize on the anticipated influx of 250,000 unique visitors annually. This presents a compelling opportunity for a variety of commercial developments, including retail, restaurants, hotels, or entertainment venues. The existing concentration of businesses in the area further enhances the property's potential for attracting customers and generating revenue. The asking price for this prime development lot is $871,200. This property offers significant potential for growth and return on investment, making it an attractive proposition for developers seeking a high-traffic location with strong future prospects. The property's address is listed as Fort Worth, but the city and county are verified as Mattoon and Coles County, Illinois, respectively, with a zip code of 61938.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.