Property profile

3372 Mound Rd Decatur, IL 62521

OFF-MARKET
Land
25.63 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 25.63 ac (1,116,443 SF)

Cap rate & NOI

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

Location

3372 Mound Rd Decatur, IL 62521
Decatur 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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