Property profile

I-57 Route 133 Arcola, IL 61910

OFF-MARKET
Land
7.27 ac lot
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Property summary

AI-generated overview

This exceptional 7.27-acre commercial land parcel presents a prime development opportunity in Arcola, Illinois. Strategically located at the northwest quadrant of I-57 and Route 133, this site boasts unparalleled visibility and accessibility. The property offers approximately 2.82 acres in the front and approximately 4.45 acres in the back, providing ample space for a variety of commercial ventures. All utilities are readily available on-site, allowing for immediate development. The owner is willing to subdivide the land to accommodate specific project needs. This high-traffic location benefits from approximately 18,300 vehicles daily on I-57 and 6,000 vehicles daily on Route 133. The area is already home to a diverse range of established businesses, including restaurants, gas stations, motels, and retail outlets such as Dairy Queen, Subway, Monical's, and Dollar General. The property's B-2 zoning ensures flexibility for various commercial uses, making it ideal for fast-food restaurants, gas stations, hotels, or other commercial developments. The parcel's location in Arcola, a smaller rural community in east-central Illinois, offers a unique blend of accessibility and community presence. The property's APN is 01-14-03-313-018 020, and it's situated in Douglas County, Illinois, zip code 61910. This is a rare opportunity to acquire a highly visible and well-situated commercial land parcel ready for immediate development.

Property profile

Verified
Property type Land
Lot 7.27 ac (316,681 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

I-57 Route 133 Arcola, IL 61910
Arcola metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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