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    OFF-MARKET
    Commercial real estate

    Birkner Ln, Murphysboro, IL 62966

    15.89 ac lot
    Property ID
    Property summary
    AI-generated overview

    Exceptional 15.89-acre commercial property in Murphysboro, Illinois, presents a unique development opportunity. Situated at a prominent gateway to the city, this property boasts unparalleled visibility, ensuring maximum exposure for any commercial venture. Previously utilized as a trailer park, the land is now available for redevelopment, offering a blank canvas for ambitious projects. Its strategic location adjacent to an established local printing business provides a synergistic environment and potential for collaborative ventures. The property's significant size allows for a wide range of development possibilities, from large-scale retail to industrial uses. Existing utilities are already in place, significantly reducing development costs and timelines. This simplifies the construction process and allows for a quicker return on investment. This is an exceptional chance to capitalize on a high-traffic location and create a landmark commercial development within the thriving Murphysboro community. The property is priced at $900,000. Don't miss this opportunity to shape the future of Murphysboro's commercial landscape.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 15.89 ac (692,168 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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