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    3180 Woodford St Decatur, IL 62526

    Sponsored
    For Sale
    $150,000

    6,400 SF Office/Retail Space, $150K

    Property size:
    6,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 6,400 square foot executive office building, situated on a 0.37-acre lot in Decatur, Illinois (62526), presents a compelling investment opportunity. Built in 1974, the property boasts a convenient location north of Pershing Road, enjoying high visibility with a daily traffic count of 12,100 vehicles. The building features flexible floor plans adaptable to various office or retail needs, easily modified to accommodate spaces as small as 500 square feet. Currently zoned for commercial use (APN: 07-07-36-351-002), the property offers ample parking with 30 spaces directly at the building's entrance. The two-story structure provides approximately 3,200 square feet per floor. Its prime location offers easy access to numerous amenities, including a County Market grocery store, diverse restaurants, auto parts stores, a custom printing shop, and a car wash. This property is ideal for owner-users seeking a versatile space or passive investors looking for a strong return. The building's adaptable layout and excellent location make it a highly attractive proposition in the thriving Decatur market.

    Property Features for 3180 Woodford St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    6,400 SF
    Lot Size
    16,117 SF

    Building Details

    Year Built
    1974

    HighLights

    • 6,400 SF executive office building on a 0.37‑acre lot in Decatur, IL (62526).
    • High‑visibility location with 12,100 VPD, north of Pershing Road.
    • Flexible floor plans, adaptable for office or retail use, divisible to 500 SF units.
    • 30 parking spaces.
    • Owner‑user or investor opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hawaiian Spa Massage Spa

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    Macon
    State
    Illinois
    Longitude
    -88.9357371
    Latitude
    39.8802472

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    FAQs

    What type of property is this?
    Office Property / Space - 6,400 SF Office/Retail Space, $150K
    Where is this office property / space located?
    The property is located at 3180 Woodford St Decatur, IL.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: 6,400 SF executive office building on a 0.37-acre lot in Decatur, IL (62526).; High-visibility location with 12,100 VPD, north of Pershing Road.; Flexible floor plans, adaptable for office or retail use, divisible to 500 SF units.
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    Decatur, IL 62526
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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
    3180 Woodford St Decatur, IL 62526
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