Property summary
This exceptional 5.1-acre parcel presents a remarkable opportunity for residential development in Danville, Illinois. Located at 22864 St Rte 1, this property boasts 404 feet of frontage along North Vermilion Street (State Route 1), offering excellent visibility and accessibility. The land is situated in Danville's thriving North Retail Corridor, directly across from the entrance to a Walmart development, ensuring high traffic volume and strong potential for future growth. The property's convenient location provides easy access to major roadways and essential amenities. With its expansive size and prime location, this development site is ideal for a variety of residential projects, catering to the growing demand for housing in the area. The assessed parcel number (APN) is 18-17-200-049. The asking price for this exceptional opportunity is $445,000. This is a rare chance to acquire a significant land parcel in a highly desirable location with significant development potential. The property is zoned for residential use. Serious inquiries are encouraged.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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