Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    100 Lincoln Ave Beardstown, IL 62618

    Sponsored
    For Sale
    Contact for pricing

    1.25-Acre Walmart Outlot, C-2 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    404
    This exceptional 1.25-acre commercial land parcel presents a prime investment opportunity in Beardstown, Illinois. Located at 100 Lincoln Avenue (Pad 2), this property boasts a highly desirable C-2 zoning designation, opening doors to a wide range of commercial development possibilities. Its strategic location offers unparalleled visibility and accessibility, situated on a busy thoroughfare with an average daily traffic count of 10,500 vehicles. The property's proximity to major roadways ensures convenient access for customers and employees alike. Furthermore, its advantageous position as a Walmart outlot guarantees high foot traffic and brand recognition, significantly enhancing its commercial appeal. The site benefits from its close proximity to a substantial consumer base, including the significant student population of Lincoln Land Community College (approximately 14,000 students) located just one mile away, and Beardstown High School less than two miles from the property. This combination of high traffic volume, strategic location, and proximity to a large consumer base makes this 1.25-acre parcel an exceptional opportunity for investors seeking strong returns. The property is ready for development and offers significant potential for a variety of commercial uses. Detailed zoning information and development guidelines are available upon request. Don't miss this chance to acquire a highly sought-after commercial property in a thriving community.

    Property Features for 100 Lincoln Ave

    General Information

    Property type
    Land
    Lot Size
    54,450 SF

    We can help!

    Listing Contact
    Jim Sakanich
    Jim Sakanich

    Learn more

    Property Insight Report

    HighLights

    • 1.25‑acre Walmart outparcel available in Beardstown, IL.
    • C‑2 zoning allows for diverse commercial development.
    • High visibility location on IL‑125 with 10,500 average daily vehicles.
    • One mile from Lincoln Land Community College (14,000 students).
    • Less than two miles from Beardstown High School.
    • High traffic counts due to proximity to major roadways and Walmart.
    Property Profile Location Intelligence

    Current Use by Public Records

    Walmart Connection Center Cell Phone Store Minute Key Key Duplication Service Walmart Home Services Home Help Service Agency Walmart Money Center Money Transfer Service Walmart Home Theater ... Home Cinema Installation

    Suggested Use

    Restaurant Building Supply Auto Repair Shop Wholesale Shop Hotel & Motel Pharmacy Grocery Store Food Market Garden Center Electrical Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Beardstown
    County
    Cass
    State
    Illinois
    Longitude
    -90.3941809
    Latitude
    39.9966508

    Nearby Comparable

    • Contact for pricing
      70,000 SF

      Warehouse Space in Western Illinois

      70,000 SF warehouse on 6.7 acres in Beardstown, Illinois.
      100 Forest Ln, Beardstown, IL
      View Details
    • New
      $99,900
      3,780 SF

      Beardstown Commercial Building with Retail

      Retail space with apartment and unfinished space in Beardstown, IL.
      111-115 W Main St, Beardstown, IL 62618
      View Details
    • $169,500
      21,000 SF

      Beardstown Commercial Building on River

      Investment opportunity with restaurant, ballroom, and bowling alley.
      218 W Main St, Beardstown, IL 62618
      View Details
    • $195,000
      1.07 Acres

      Former Retail Building on Acreage

      Former Dollar General on 1.07 acres with parking.
      5717 Illinois Rte 78 Rd, Virginia, IL 62691
      View Details
    • $225,000
      7,200 SF

      Prime Virginia, IL Grocery Store

      7,200 SF Retail Space - $225K
      5717 Il-78, Virginia, IL 62691
      View Details
    • $1,183,297

      143 Acres Mixed-Use Land Parcel

      143 acre mixed-use parcel with tillable farmland and woodland.
      Hammer Rd, Arenzville, IL 62611
      View Details
    • $162,500

      Rushville Fourplex with Expansion Potential

      Solid investment property with updates and expansion possibilities.
      135 E Washington St, Rushville, IL 62681
      View Details
    • $117,500

      Updated Duplex in Rushville, IL

      Well-maintained duplex with recent updates and income potential.
      209 W Madison St, Rushville, IL 62681
      View Details
    • $83,000
      0.08 Acres

      Historic Rushville Square Commercial Building

      Commercial building in a prime, historic location with high foot traffic.
      115 W Washington St, Rushville, IL 62681
      View Details
    • $1,098,350
      8,359 SF

      NNN Retail Property For Sale

      NNN leased retail property with rental increases and renewal options.
      119 W Adams St, Rushville, IL 62681
      View Details

    Nearby Similar for Sale

    • $169,500
      21,000 SF

      Beardstown Commercial Building on River

      Investment opportunity with restaurant, ballroom, and bowling alley.
      218 W Main St, Beardstown, IL 62618
      View Details
    • New
      $99,900
      3,780 SF

      Beardstown Commercial Building with Retail

      Retail space with apartment and unfinished space in Beardstown, IL.
      111-115 W Main St, Beardstown, IL 62618
      View Details
    • Contact for pricing
      70,000 SF

      Warehouse Space in Western Illinois

      70,000 SF warehouse on 6.7 acres in Beardstown, Illinois.
      100 Forest Ln, Beardstown, IL
      View Details

    FAQs

    What type of property is this?
    Land - 1.25-Acre Walmart Outlot, C-2 Zoning
    Where is this land located?
    The property is located at 100 Lincoln Ave Beardstown, IL.
    What are key features of this property?
    This property features: 1.25-acre Walmart outparcel available in Beardstown, IL.; C-2 zoning allows for diverse commercial development.; High visibility location on IL-125 with 10,500 average daily vehicles.
    (312) 297-7690
    Request Owner's contact information
    100 Lincoln Ave Beardstown, IL 62618
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    100 Lincoln Ave
    Beardstown, IL 62618
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    100 Lincoln Ave Beardstown, IL 62618
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Jim Sakanich
    Jim Sakanich
    Real Estate License ID: IL
    (312) 297-7690
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.