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    80 Plank Rd Cherry, IL 61312

    Sponsored
    For Lease
    Contact for pricing

    Massive warehouse, rail access, divisible space.

    Lot size:
    1,676,480 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional industrial property, strategically located near the intersection of I-80 and Plank Road in Bureau County, presents a significant leasing opportunity. The single-tenant warehouse boasts a substantial 1,676,480 square feet of space, currently entirely vacant and readily available for immediate occupancy. Its versatile design allows for divisibility, catering to a range of operational needs and tenant sizes. The property's prime location offers unparalleled access to major transportation arteries, significantly enhancing logistics and distribution efficiency. Beyond its expansive warehouse space, the property also includes convenient rail access, a crucial asset for businesses relying on rail transportation for shipping and receiving. The lot encompasses 0.98 acres, providing ample space for maneuvering and potential future expansion. This is an exceptional opportunity for businesses seeking a large-scale, strategically located warehouse with rail capabilities in a thriving industrial area. The property is classified as both industrial and land, offering flexibility for various business models. The building's size and location make it ideal for distribution centers, manufacturing facilities, or large-scale storage operations. Interested parties are encouraged to inquire for further details and leasing options. The property is ready for immediate occupancy.

    Property Features for 80 Plank Rd

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,676,480 SF

    Unit(s) available at that property

    Space
    Avalible Space
    Size
    1,676,480 SF

    HighLights

    • 1,676,480 SF warehouse available for lease in Bureau County.
    • Single‑tenant occupancy.
    • 1,676,480 SF of vacant space.
    • 0.98‑acre lot size.
    • Property is classified as Industrial, Land, with subtypes of Warehouse, Rail Center, and Commercial.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Spa & Massage Law Firm Hair Salon Nail Salon Storage Facility Bar & Pub Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Cherry
    County
    Bureau
    State
    Illinois
    Longitude
    -89.2072597
    Latitude
    41.4270413

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    FAQs

    What type of property is this?
    Distribution property - Massive warehouse, rail access, divisible space.
    Where is this distribution property located?
    The property is located at 80 Plank Rd Cherry, IL.
    What are key features of this property?
    This property features: 1,676,480 SF warehouse available for lease in Bureau County.; Single-tenant occupancy.; 1,676,480 SF of vacant space.
    Request Owner's contact information
    80 Plank Rd Cherry, IL 61312
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    Cherry, IL 61312
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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
    80 Plank Rd Cherry, IL 61312
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