0 Cummings Ln & Cruger Rd Washington, IL 61571
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.
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
Similar Nearby for Lease
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.