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0 Rt. 84 & Hubbard Rd Hampton, IL 61256

OFF-MARKET Land Google Maps
3.71 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 3.71-acre commercial land parcel presents a unique redevelopment opportunity in Hampton, Illinois. Strategically located at the intersection of Rt. 84 and Hubbard Road, the property boasts 553 feet of frontage on Rt. 84 and 468 feet on Hubbard Road. Seven individual parcels combine to create this expansive site, which is currently cleared and level, ready for immediate development. The property is zoned B-2, allowing for a wide range of commercial uses, including but not limited to appliance stores, financial institutions, community centers, daycare centers, grocery stores, restaurants, medical offices, and more. Additionally, a review process allows for uses typically permitted in an R-3 General Residential District that are non-residential in nature, such as private clubs, schools, auto service stations, nursing homes, and restaurants serving alcohol. The asking price is $400,000. This prime location and flexible zoning make this an ideal investment for developers seeking a high-visibility site with significant development potential in a growing community. The property's size and road frontage offer exceptional visibility and accessibility, making it an attractive option for a variety of commercial ventures. Don't miss this chance to acquire a significant piece of commercial real estate in a desirable location.

Property profile

Verified
Property type Land
Lot 3.71 ac (161,608 SF)

Cap rate & NOI

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

Value estimations

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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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