Property profile

0000 Rushing Dr Herrin, IL 62948

OFF-MARKET
Commercial real estate
4.33 ac lot
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Property summary

AI-generated overview

This exceptional 4.33-acre commercial property presents a unique investment opportunity in Herrin, Illinois. Its strategic location offers unparalleled accessibility and visibility. Situated in close proximity to the local hospital, airport, and numerous medical buildings, this site benefits from high traffic volume and a strong concentration of potential clientele. The expansive acreage provides ample space for a variety of commercial developments, making it ideal for businesses seeking a prominent presence in a thriving community. The property's versatility allows for diverse uses, catering to a wide range of commercial ventures. Its proximity to essential services and infrastructure further enhances its appeal to prospective investors and developers. The substantial land area offers significant potential for future expansion and growth, ensuring a long-term return on investment. This is a rare opportunity to acquire a significant commercial parcel in a high-demand area, offering exceptional potential for immediate development or future appreciation. The property's strategic location and substantial size make it an attractive proposition for businesses seeking to establish a strong foothold in a rapidly growing market. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The asking price is $399,900.

Property profile

Verified
Property type Commercial real estate
Lot 4.33 ac (188,615 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

0000 Rushing Dr Herrin, IL 62948
Herrin metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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