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    Persimmon Dr Le Roy, IL 61752

    Sponsored
    For Sale
    $31,580

    Prime Commercial Land, Hwy 74 Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Exceptional commercial land opportunity in Le Roy, Illinois, presents multiple lots ranging from 0.29 to 4.13 acres. This prime location boasts high visibility from Highway 74, offering excellent exposure for businesses. The property is situated directly across from a Loves Travel Center, ensuring high traffic volume and convenient access for potential customers. The land is zoned for commercial use, making it ideal for a variety of development projects. Prices vary depending on lot size, ranging from $31,580 for smaller parcels to a maximum of $126,788 per square foot for larger acreage. This presents a unique investment opportunity in a thriving location with significant potential for growth and return. The address is Persimmon Drive, Le Roy, IL 61752, within McLean County. The precise acreage and corresponding price for each individual lot are available upon request. This is a rare chance to secure commercial land in a high-traffic area with excellent visibility and proximity to a major travel center. Don't miss this opportunity to establish your business in a strategic and advantageous location. Contact us today for detailed lot information and pricing.

    Property Features for 0 Persimmon Dr

    General Information

    Property type
    Land
    Lot Size
    12,632 SF

    HighLights

    • Multiple lots available, 0.29 to 4.13 acres, in Le Roy, IL.
    • High visibility from Highway 74, across from a Loves Travel Center.
    • Commercially zoned, ideal for various development projects.
    • Lot prices range from $31,580 to $126,788 per square foot (depending on size).
    • Located on Persimmon Drive, Le Roy, IL 61752 (McLean County).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Le Roy
    County
    McLean
    State
    Illinois
    Longitude
    -88.7617547
    Latitude
    40.3397843

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, Hwy 74 Visibility
    Where is this land located?
    The property is located at Persimmon Dr Le Roy, IL.
    What is the asking price?
    The asking price for this property is $31,580.
    What are key features of this property?
    This property features: Multiple lots available, 0.29 to 4.13 acres, in Le Roy, IL.; High visibility from Highway 74, across from a Loves Travel Center.; Commercially zoned, ideal for various development projects.
    Request Owner's contact information
    Persimmon Dr Le Roy, IL 61752
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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
    Persimmon Dr Le Roy, IL 61752
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