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Property profile

80 Plank Rd Cherry, IL 61312

OFF-MARKET
Warehouses
1,676,480 SF
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Property summary

AI-generated overview

This exceptional industrial property, strategically located near the intersection of I-80 and Plank Road in Bureau County, presents a significant leasing opportunity. The single-tenant warehouse boasts a substantial 1,676,480 square feet of space, currently entirely vacant and readily available for immediate occupancy. Its versatile design allows for divisibility, catering to a range of operational needs and tenant sizes. The property's prime location offers unparalleled access to major transportation arteries, significantly enhancing logistics and distribution efficiency. Beyond its expansive warehouse space, the property also includes convenient rail access, a crucial asset for businesses relying on rail transportation for shipping and receiving. The lot encompasses 0.98 acres, providing ample space for maneuvering and potential future expansion. This is an exceptional opportunity for businesses seeking a large-scale, strategically located warehouse with rail capabilities in a thriving industrial area. The property is classified as both industrial and land, offering flexibility for various business models. The building's size and location make it ideal for distribution centers, manufacturing facilities, or large-scale storage operations. Interested parties are encouraged to inquire for further details and leasing options. The property is ready for immediate occupancy.

Property profile

Verified
Property type Warehouses
Total area 1,676,480 SF

Cap rate & NOI

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

Location

80 Plank Rd Cherry, IL 61312
Cherry metro
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Value estimations

Realmo proprietary · 4 methods
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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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