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Property profile & analytics
OFF-MARKET
Land

800 Washington Meredosia, IL 62665

93.43 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 93.43-acre industrial site presents a unique redevelopment opportunity in Meredosia, Illinois. Previously home to a 354 MW coal-fired power plant, the property boasts significant infrastructure advantages. Located on the east bank of the Illinois River, the site includes an 800-foot dock line with a potential for bulk material handling, featuring a clam shell bucket unloader and a spare bucket. The property benefits from existing heavy utilities, including high-voltage bulk electrical power from Ameren Illinois, natural gas, city water, and sanitary sewers. A Norfolk Southern rail spur is conveniently located nearby. Excellent truck access is provided via Illinois Route 67 and proximity to Interstates 72 (east-west) and 55 (north-south), with I-72 only 15 miles away at Exit 46. While the coal plant is slated for abatement and demolition, the bulk power substations will remain operational as Ameren property. USACE permits (numbers 823 and 741) cover the river structures and coal conveyor. This site offers substantial potential for a variety of industrial uses, leveraging its existing infrastructure and prime riverfront location. The property is zoned for industrial use and is situated in Morgan County, Illinois, with the address 800 South Washington, Meredosia, IL 62665.

Property profile
Verified
Property type Land
Lot 93.43 ac (4,069,811 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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