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    OFF-MARKET
    Commercial real estate

    2675 Opas Rd Unit, Riverton, IL 62561

    1.38 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.38-acre commercial lot, identified as Lot #10 at 2675 Overpass Road, Unit Lot 10, Riverton, Illinois, presents a compelling investment opportunity. The property offers significant potential for development, boasting a versatile location ideal for a range of commercial uses. Its size allows for substantial building projects, catering to various business needs. A key advantage is the possibility of combining this lot with the adjacent 0.98-acre Lot #9 (sold separately), effectively doubling the available land area. This strategic consolidation would create a significantly larger parcel, enhancing its overall value and development potential. Furthermore, the property benefits from its proximity to a 7-acre parcel (CA1026022) featuring existing buildings and a construction yard. This neighboring property, while not included in this sale, offers potential synergies for businesses seeking integrated operations or expansion opportunities. The property is priced at $823,836, reflecting its prime location and development potential within the thriving Riverton commercial market. Serious inquiries are encouraged to explore the full potential of this exceptional land offering. The property is zoned for general commercial use, providing flexibility for a variety of business ventures. Detailed zoning information and development guidelines are available upon request. This is a rare opportunity to acquire a substantial commercial lot in a desirable location with significant expansion possibilities.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 1.38 ac (60,113 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
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    by Request
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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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