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    Mcclugage Rd Washington, IL 61571

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    For Sale
    Contact for pricing

    10 Acres, Outlots Available, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 10-acre master-planned development presents a unique investment opportunity in the rapidly expanding Washington, IL market. Strategically located at a hard corner of a signalized intersection, this property boasts unparalleled visibility and accessibility. Shared access with major retailers such as Walmart, Menards, Aldi, and Dollar Tree ensures high traffic volume and significant consumer exposure. The site offers flexible development options, with outlots ranging from 0.75 to 2 acres available for lease or sale, ideal for retail, medical, or residential uses. A substantial 7.07 acres are also available for sale, providing ample space for larger-scale projects. The property will be delivered with complete master retention and utilities extended to the property line, simplifying the development process and minimizing upfront costs. This prime location, coupled with its convenient access and established retail synergy, makes this an exceptional opportunity for businesses seeking high-impact visibility and strong growth potential in a thriving Illinois community. The property is situated in Tazewell County, Illinois, with the address listed as Mc Clugage Rd, Washington, IL 61571. The precise coordinates are 40.7094037 latitude and -89.4650334 longitude.

    Property Features for 0 Mcclugage Rd

    General Information

    Property type
    Land

    HighLights

    • 10‑acre master‑planned development with shared access to Walmart and Menards in rapidly growing Washington, IL.
    • 0.75 to 2‑acre outlots available for lease or sale.
    • 7.07 acres available for sale, suitable for retail, medical, or residential use.
    • Located at a hard corner with a signalized intersection.
    • Shared access with Walmart, Menards, Aldi, and Dollar Tree.
    • Utilities and master retention delivered to the property line.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Washington
    County
    Tazewell
    State
    Illinois
    Longitude
    -89.4650334
    Latitude
    40.7094037

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    FAQs

    What type of property is this?
    Land - 10 Acres, Outlots Available, High Traffic
    Where is this land located?
    The property is located at Mcclugage Rd Washington, IL.
    What are key features of this property?
    This property features: 10-acre master-planned development with shared access to Walmart and Menards in rapidly growing Washington, IL.; 0.75 to 2-acre outlots available for lease or sale.; 7.07 acres available for sale, suitable for retail, medical, or residential use.
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    Washington, IL 61571
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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
    Mcclugage Rd Washington, IL 61571
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