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Property profile & analytics
OFF-MARKET
Land

812 Cleveland St Heyworth, IL 61745

1 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1-acre commercial lot presents a unique investment opportunity in the thriving town of Heyworth, Illinois. Located at 812 W Cleveland St, this property boasts a highly desirable corner location at the intersection of Highway 136 and S. Hilton, offering excellent visibility and accessibility. The lot is zoned for commercial use, providing flexibility for a variety of development projects. Its strategic position between Heyworth High School and a newly constructed Dollar General Market ensures high traffic volume and a strong customer base. The property's size and location make it particularly well-suited for a drive-thru restaurant or similar business requiring convenient access and high visibility. The asking price is $172,000. The McLean County Assessor's Parcel Number (APN) is 35-04-200-016. This is a rare opportunity to acquire a prime commercial lot in a growing community with significant potential for return on investment. Don't miss out on this chance to secure a piece of Heyworth's vibrant commercial landscape. The property is situated in a convenient location with easy access to major roadways and local amenities. This makes it an attractive option for businesses seeking a high-traffic location with strong community ties.

Property profile
Verified
Property type Land
Lot 1 ac (43,560 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
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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