217 State Street Plz, Atkinson, IL 61235
This exceptional 21.82-acre commercial parcel presents a unique investment opportunity at the northwest corner of the I-80 and Atkinson interchange in Atkinson, Illinois. Its strategic location ensures high visibility and accessibility for businesses seeking to capitalize on significant interstate traffic. The property is ideally suited for a diverse range of commercial ventures, including retail establishments, hotels, restaurants, convenience stores, campgrounds, or semi-truck service centers. The zoning designation is B-2, and the site benefits from its inclusion within a Tax Increment Financing (TIF) district, potentially offering attractive financial incentives for development. Essential utilities are readily available, including city water, sewer, three-phase electric service, and natural gas. This expansive tract offers significant potential for substantial returns, making it an attractive proposition for developers and investors seeking a high-impact commercial development site with excellent interstate access. The property's size and location make it a rare find in this thriving area, presenting a compelling opportunity to establish a successful and impactful business. Serious inquiries are encouraged to explore the possibilities of this exceptional commercial land.
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
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.