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    OFF-MARKET
    Commercial real estate

    2675 Opas Rd Unit, Riverton, IL 62561

    5 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 5-acre commercial lot, identified as Lot #12 at 2675 Overpass Road, Unit Lot 12, Riverton, Illinois, presents a unique development opportunity. The seller will clear the lot of existing trees, preparing the land for immediate construction. This property is ideally suited for a variety of commercial uses, offering ample space for building and potential expansion. The asking price is $1,089,000. Note that this lot can be combined with an adjacent 7-acre parcel (separate listing CA1026022) which includes existing buildings and a construction yard, providing an even larger development footprint. For those seeking smaller parcels, two additional adjacent lots are also available: CA1026023 (0.98 acres) and CA1026024 (1.38 acres). These adjoining properties offer flexibility for various development scenarios, from single-building projects to larger-scale commercial complexes. The location in Riverton, Illinois provides convenient access to transportation routes and local amenities. This is a rare opportunity to acquire a significant commercial land parcel in a desirable location, ready for immediate development. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 5 ac (217,800 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
    Current use
    Occupant on record · Public records
    • S & W Contractors of Illinois Construction Company
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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