3372 Mound Rd, Decatur, IL 62521
This exceptional 25.63-acre property presents a significant development opportunity in Decatur, Illinois. Located at 3372 E Mound Rd, this land boasts a prime location with frontage on Rt-48 (Mound Road), offering excellent visibility and accessibility. Zoned M-1 by the City of Decatur, it's perfectly suited for industrial or warehouse development. The property's strategic position provides direct access to Interstate-72 (within 1.5 miles), maximizing logistical advantages. Further enhancing its appeal, this land is situated within the Macon County Enterprise Zone, potentially unlocking attractive incentives for developers. A key feature is its proximity to privately owned rail with direct access to the Midwest Inland Port, an intermodal port supported by Norfolk Southern, Canadian National, DCC, and DREI rail services. These connections provide access to all North American rail networks. The property is identified by APN numbers 18-08-30-376-010 & 18-08-30-376-009. The asking price is $948,310. This is a rare opportunity to acquire a substantial parcel of land with exceptional connectivity and development potential in a thriving industrial area.
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
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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.