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    14447 State Highway 34 Benton, IL 62812

    For Sale
    $170,000

    High-traffic location, fenced lot, great potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional commercial property, located at 14447 State Highway 34 in Benton, Illinois, presents a compelling investment opportunity. Priced at $170,000, this land parcel offers significant potential for a variety of commercial ventures. Situated just outside the east edge of Benton, its prime location on a major highway ensures high visibility and traffic flow, maximizing exposure for any business. The property features a mostly fenced lot, providing security and defined boundaries. An existing building on the site is adaptable for various uses, including manufacturing, sales, or other commercial applications. The building includes a full bathroom for convenience. Recent improvements include a new roof installed just five years ago, demonstrating the property's well-maintained condition. Ample parking is available on the large lot, accommodating customers and employees. This property is ready for immediate development or occupancy, offering a turnkey solution for entrepreneurs seeking a strategic location with excellent infrastructure. The motivated seller is eager to find the right buyer for this promising business opportunity in Franklin County, Illinois, zip code 62812.

    Property Features for 14447 State Highway 34

    General Information

    Property type
    Distribution properties

    HighLights

    • $170,000 asking price.
    • 14447 State Highway 34, Benton, IL 62812.
    • Commercial land with industrial warehouse building.
    • High traffic location on a major highway, just outside Benton, IL.
    • Mostly fenced lot with ample parking.
    • Building suitable for manufacturing, sales, or other commercial uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Building Supply Auto Repair Shop Gym & Fitness Kitchen & Bath Storage Facility Bar & Pub Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Benton
    County
    Franklin
    State
    Illinois
    Longitude
    -88.8884111
    Latitude
    37.9938105

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    FAQs

    What type of property is this?
    Distribution property - High-traffic location, fenced lot, great potential.
    Where is this distribution property located?
    The property is located at 14447 State Highway 34 Benton, IL.
    What is the asking price?
    The asking price for this property is $170,000.
    What are key features of this property?
    This property features: $170,000 asking price.; 14447 State Highway 34, Benton, IL 62812.; Commercial land with industrial warehouse building.
    Request Owner's contact information
    14447 State Highway 34 Benton, IL 62812
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    Benton, IL 62812
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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
    14447 State Highway 34 Benton, IL 62812
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