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    000 Hwy 51 Hwy Cobden, IL 62958

    Sponsored
    For Sale
    $149,900

    Highly visible corner lot, ideal for business.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 2.4-acre farm is strategically located at the southwest corner of the intersection of Old Highway 51 (where a Dollar General is situated) and New Highway 51 in Makanda, Illinois. The property boasts a highly visible corner location on South Highway 51, easily accessible from Old Highway 51. While offering a rural feel, its location on a heavily trafficked state highway provides exceptional exposure. The proximity to a Dollar General and approximately an eighth of a mile from Unity Point School further enhances its appeal. A traffic light at this intersection ensures convenient access. The property is zoned as Carbondale Secondary Business, offering diverse development possibilities. The parcel number is 19-08-203-003, and the asking price is $149,900. This exceptional location presents a unique opportunity for businesses seeking high visibility and convenient access in a growing community. The property's address is 000 S Highway 51 Highway, Makanda, IL 62958.

    Property Features for 000 Hwy 51 Hwy

    General Information

    Property type
    Farms
    Lot Size
    104,544 SF

    HighLights

    • $149,900 asking price.
    • 2.4‑acre land parcel.
    • Located in Makanda, IL (Jackson County), APN 19‑08‑203‑003.
    • High‑visibility corner lot at the intersection of Old Hwy 51 and New Hwy 51, near a Dollar General and Unity Point School.
    • Carbondale Sb Secondary Business zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Cobden
    County
    Jackson
    State
    Illinois
    Longitude
    -89.2335978
    Latitude
    37.59283

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    FAQs

    What type of property is this?
    Farm - Highly visible corner lot, ideal for business.
    Where is this farm located?
    The property is located at 000 Hwy 51 Hwy Cobden, IL.
    What is the asking price?
    The asking price for this property is $149,900.
    What are key features of this property?
    This property features: $149,900 asking price.; 2.4-acre land parcel.; Located in Makanda, IL (Jackson County), APN 19-08-203-003.
    Request Owner's contact information
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    Cobden, IL 62958
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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
    000 Hwy 51 Hwy Cobden, IL 62958
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