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Property profile & analytics

Eastgate Dr Washington, IL 61571

  • Commercial real estate
  • 1.14 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Commercial real estate

Property Details for Eastgate Dr

Lot size
1.14 lot acres
Property type
Commercial real estate

Description

This exceptional 1.14-acre commercial lot presents a remarkable development opportunity in Washington, Illinois. Strategically located on the highly visible northwest corner of Eastgate Drive and Grosenbach Road, this property boasts a hard corner location ideal for maximizing exposure and attracting significant traffic. The B-1 zoning designation opens the door to a wide array of commercial uses, allowing for diverse development possibilities to suit a variety of business needs. The expansive lot size provides ample space for constructing a substantial building, offering flexibility in design and functionality. This is a rare chance to acquire a prime piece of commercial real estate in a growing area, poised for significant future growth and return on investment. The property's location offers easy access to major transportation routes, ensuring convenient access for both employees and customers. Its prominent position at a major intersection guarantees high visibility, making it an attractive location for businesses seeking to establish a strong presence in the community. This exceptional lot is ready for immediate development, presenting a unique opportunity for entrepreneurs and investors alike to capitalize on its prime location and zoning potential. Don't miss this chance to secure a valuable asset in a thriving market. The asking price reflects the significant potential of this exceptional property.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Washington
County
Tazewell
State
Illinois
Longitude
-89.5054
Latitude
40.7164
More about this property
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