Property profile

1461 County Line Rd Carbondale, IL 62901

FOR SALE
Commercial land
Property ID
US28-2911255
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 15.57-acre commercial property boasts unparalleled visibility on Highway 13, east of Carbondale, Illinois. Situated along a six-lane state highway, this site benefits from an impressive average daily traffic count exceeding 21,000 vehicles. The expansive acreage presents a significant opportunity for developers seeking a high-impact location for a variety of commercial ventures. Its strategic positioning ensures maximum exposure to a substantial daily traffic flow, making it ideal for businesses requiring high visibility and accessibility. The property's size allows for considerable flexibility in development plans, accommodating large-scale projects or the potential for subdivision into smaller parcels. The location offers easy access to Carbondale and its surrounding communities, providing a strong potential customer base. This is a rare opportunity to acquire a prime commercial land parcel in a high-traffic area with significant growth potential. The property is ready for immediate development, offering a blank canvas for ambitious commercial projects. Serious inquiries are encouraged to explore the possibilities this exceptional location offers. The asking price is $1,025,000.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
APN 15-12-400-014
UPID US28-2911255

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1461 County Line Rd Carbondale, IL 62901
Carbondale metro Census 10900 CARBONDALE-MARION, IL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

1 recorded transaction
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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