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    OFF-MARKET
    Commercial real estate

    217 State Street Plz, Atkinson, IL 61235

    21.82 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 21.82 ac (950,479 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
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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