Station Xing Waterloo, IL 62298
- Commercial real estate
- 1.21 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for Station Xing
- Lot size
- 1.21 lot acres
- Property type
- Commercial real estate
Description
This exceptional commercial land offering presents a rare opportunity to acquire 1.21 acres encompassing twelve individual commercial lots in the thriving Waterloo, Illinois market. Strategically located, six of these lots enjoy prime frontage along Illinois Route 3, a high-traffic thoroughfare boasting an impressive 2017 Illinois Department of Transportation (IDOT) traffic count exceeding 14,700 vehicles daily. This ensures significant visibility and accessibility for any business. The property is zoned B-3 Central Business, providing flexibility for a wide range of commercial ventures. All essential utilities, including water, sewer, electricity, and gas, are readily available along both Station Crossing and Columbia Avenue. Connection fees for these utilities are determined based on the specific services required by the future development. The property's location and zoning make it ideal for a variety of commercial uses, from retail establishments and restaurants to light industrial businesses. This is a unique opportunity to establish a presence in a busy and growing area. The asking price for the entire 1.21-acre parcel, encompassing all twelve lots, is $215,000. This represents a compelling investment opportunity in a highly desirable location with excellent visibility and access. Don't miss this chance to secure your place in Waterloo's vibrant commercial landscape.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Waterloo
- County
- Monroe-IL
- State
- Illinois
- Longitude
- -90.1519
- Latitude
- 38.3439
