Property summary
This exceptional 2,300 square foot commercial land parcel presents a unique investment opportunity in Forsyth, Illinois. Situated at a heavily trafficked, signalized intersection of US 51, this property boasts unparalleled visibility and accessibility. Its strategic location offers immediate proximity to the Hickory Point Mall, a major regional shopping destination, with a drive-thru opportunity at the main access point. The site is also conveniently located just blocks from I-72 access, ensuring easy connectivity for customers and employees. This new development site is perfect for a variety of commercial uses, capitalizing on its position within the Decatur super regional market. The 2,300 square foot lot provides ample space for a freestanding building, allowing for maximum flexibility in design and functionality. This is a rare chance to acquire a prime commercial property in a thriving market, offering significant potential for growth and return on investment. The address is 1340 Hickory Point Dr, Forsyth, IL 62535. This property is zoned for commercial use. Further details are available upon request.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
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Shopping Center & Mall
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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