101 Eastgate Dr Washington, IL 61571
This exceptional 1-acre commercial land parcel presents a unique development opportunity in Washington, Illinois. Located at 1010 Eastgate Drive, this property boasts a highly desirable B-3 zoning classification, allowing for a wide range of commercial uses. The lot is situated at the prominent northwest corner of Eastgate Drive and Village Drive, ensuring maximum visibility and accessibility for any future business. Its level topography simplifies development, minimizing site preparation costs and expediting the construction process. The asking price for this ready-to-develop site is $174,240. The property's address is 1010 Eastgate Drive, Washington, IL 61571, within Tazewell County. Its convenient location offers easy access to local amenities and transportation routes, making it an attractive proposition for businesses seeking a high-traffic location. This is an exceptional opportunity to acquire a prime commercial lot in a thriving community. The one-acre size provides ample space for a variety of development projects, from small retail spaces to larger commercial buildings. Don't miss this chance to secure a valuable piece of commercial real estate in a strategic location.
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
Similar Nearby for Sale
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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.