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Property profile & analytics
OFF-MARKET
Land

0 Cummings Ln & Cruger Rd Washington, IL 61571

11.31 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 11.31-acre commercial land parcel presents a remarkable investment opportunity in Washington, Illinois. Strategically located on one of the town's busiest thoroughfares, Cummings Lane & Cruger Road, this property boasts unparalleled visibility and accessibility. The land is zoned for commercial use, allowing for a wide range of development possibilities. Utilities are readily available, including cable television, electricity, and natural gas, simplifying the development process. The site itself is characterized by level terrain, minimizing site preparation costs and maximizing buildable area. Further enhancing its appeal, this property is situated within an enterprise zone, potentially offering significant tax advantages. The seller is willing to divide the parcel, providing flexibility for buyers seeking smaller acreage options. Its proximity to numerous established businesses and convenient access to interstate highways ensures high traffic volume and excellent connectivity. This is an exceptional opportunity to acquire a highly desirable commercial property in a thriving location. The variety of acreage sizes available caters to diverse development needs, making this a truly versatile investment. The asking price for the entire 11.31 acres is $1,200,000.

Property profile
Verified
Property type Land
Lot 11.31 ac (492,664 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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