2645 Us 51 Decatur, IL 62526
This exceptional 1.5-acre development opportunity is located in Decatur, Illinois, in Macon County, specifically at 2645 S US 51, zip code 62526. The property boasts a prime location on a high-traffic corridor, experiencing over 20,000 average daily vehicle counts. This makes it ideal for a variety of commercial ventures. The land is comprised of seven parcels and is zoned COM, permitting both commercial and residential uses. Its high visibility and excellent road frontage make it a standout investment. Nearby businesses include Aldi, Dairy Queen, Taco Bell, Dollar General, First Mid Bank, and a Ford dealership, indicating a strong existing commercial presence. The asking price for this significant development site is $399,000. The property's APN is 04-12-03-280-011. This location presents a unique chance to capitalize on a thriving commercial area with significant potential for growth and return on investment. The property's strategic position and high traffic volume make it an attractive proposition for developers seeking a high-impact location. Consider the possibilities for a gas station, quick-service restaurant, or a multi-tenant plaza. Don't miss this chance to acquire a highly visible and strategically located commercial property in a bustling area of Decatur.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.