Station Xing Waterloo, IL 62298
- Commercial real estate
- 1.40 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for Station Xing
- Lot size
- 1.40 lot acres
- Property type
- Commercial real estate
Description
This exceptional 1.4-acre commercial property presents a unique investment opportunity in the thriving Waterloo, IL market. The offering encompasses twelve individual commercial lots, six of which enjoy prime frontage along Illinois Route 3, a major thoroughfare boasting an impressive 2017 Illinois Department of Transportation (IDOT) traffic count exceeding 14,700 vehicles daily. This high visibility ensures significant exposure for any business operating on the site. The property is zoned B-3 Central Business, allowing for a wide range of commercial uses, providing flexibility for diverse development plans. All essential utilities, including water, sewer, electricity, and gas, are readily available along both Station Crossing and Columbia Avenue, simplifying the development process. Connection fees for these utilities will be determined based on the specific services required by the future occupant. The property's strategic location and zoning, combined with its high traffic count, make it an ideal location for a variety of commercial ventures, from retail establishments to light industrial businesses. This is a rare opportunity to acquire a substantial parcel of commercial land in a rapidly growing area. The asking price of $225,000 represents exceptional value for this prime commercial real estate. Contact us today to learn more about this exciting opportunity.
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
