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    4101 Vermilion St Danville, IL 61834

    Sponsored
    For Sale
    Contact for pricing

    1.16 Acres, High-Traffic Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 1.16-acre commercial lot, located at Lot #10, 4101 N Vermilion St, Danville, IL 61834, presents a unique investment opportunity. Situated on the same pad as a Walmart and adjacent to a Menards, this property boasts exceptional visibility and accessibility within a high-traffic area. The lot is zoned B-3, allowing for a variety of commercial uses. Its strategic location offers significant potential for businesses seeking high exposure and convenient access to a large customer base. The property's size is ideal for a range of development projects, and there's the added advantage of potential combination with neighboring lots, providing flexibility for larger-scale ventures. This prime commercial land is for sale by owner, offering a direct and efficient transaction process. The property is located in Vermilion County, Illinois, and its coordinates are 40.20370451566886 latitude and -87.6273810506067 longitude. Serious inquiries are encouraged to explore the possibilities of this exceptional commercial land parcel.

    Property Features for 4101 Vermilion St

    General Information

    Property type
    Land
    Lot Size
    50,530 SF

    HighLights

    • 1.16‑acre commercial lot for sale in Danville, IL.
    • Located on the same pad as a Walmart and adjacent to a Menards, offering high visibility and accessibility.
    • Zoned B‑3, allowing for diverse commercial uses.
    • Ideal for various development projects, with potential for combining with neighboring lots.
    • Offered directly by the owner.
    Property Profile Location Intelligence

    Current Use by Public Records

    Primo Water Refill ... Bottled Water Supplier Walmart Baby & Nursery ... Family Service Center Western Union Money Transfer Service Walmart Patio & Garden ... Landscaper MoneyGram Money Transfer Service

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Danville
    County
    Vermilion
    State
    Illinois
    Longitude
    -87.627381050607
    Latitude
    40.203704515669

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    FAQs

    What type of property is this?
    Land - 1.16 Acres, High-Traffic Location
    Where is this land located?
    The property is located at 4101 Vermilion St Danville, IL.
    What are key features of this property?
    This property features: 1.16-acre commercial lot for sale in Danville, IL.; Located on the same pad as a Walmart and adjacent to a Menards, offering high visibility and accessibility.; Zoned B-3, allowing for diverse commercial uses.
    Request Owner's contact information
    4101 Vermilion St Danville, IL 61834
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    Danville, IL 61834
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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
    4101 Vermilion St Danville, IL 61834
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