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    ~4 Acres Quincy, IL 62305

    Sponsored
    For Sale
    $881,408

    ~4 Acres, High Traffic Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional ~4-acre commercial land parcel in Quincy, Illinois (zip code 62305) presents a unique development opportunity. Located in Adams County, this property boasts a highly desirable location near medical facilities and shopping centers, ensuring high visibility and accessibility. The strategic placement guarantees significant traffic flow, ideal for a variety of commercial ventures, including retail, office, or mixed-use developments. Additional acreage may be available. The asking price is $881,408. This prime location offers unparalleled potential for businesses seeking maximum exposure and a strong customer base. The property's proximity to established amenities creates a synergistic environment, promising a successful commercial endeavor. This is a rare opportunity to establish a presence in a thriving commercial hub with convenient access and high traffic volume. Don't miss this chance to secure a valuable investment in a vibrant and growing community. The property is situated at coordinates 39.9122521 latitude and -91.3083685 longitude.

    Property Features for 0 ~4 Acres

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Quincy
    County
    Adams
    State
    Illinois
    Longitude
    -91.3083685
    Latitude
    39.9122521

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    FAQs

    What type of property is this?
    Land - ~4 Acres, High Traffic Area
    Where is this land located?
    The property is located at ~4 Acres Quincy, IL.
    What is the asking price?
    The asking price for this property is $881,408.
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    ~4 Acres Quincy, IL 62305
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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
    ~4 Acres Quincy, IL 62305
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