1340 Hickory Point Dr, Forsyth, IL 62535
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.
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Panda Express Restaurant
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Hickory Point Mall Shopping Center & Mall
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
Similar Nearby for Sale
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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.