749 State St Charleston, IL 61920-0000
This exceptional 1.32-acre commercial and industrial land parcel presents a remarkable development opportunity in Charleston, Illinois. Located at 749 West State Street, this prime corner lot boasts excellent visibility and accessibility, situated at the intersection of Route 316 and West State Street, near Decker Springs. The property benefits from readily available utilities, making it ideal for immediate construction. With a daily traffic count exceeding 6,000 vehicles, as reported by the state, this location offers significant exposure for any commercial venture. The lot is zoned for light industrial use, providing flexibility for a range of development projects. Furthermore, the possibility exists to combine this lot with the adjacent eastern parcel to create a larger 2+ acre development site. This property is situated in the Northwest Business Park, offering a strategic location for businesses seeking access to major transportation routes and a thriving local economy. The asking price is $99,900. This is a rare opportunity to acquire a well-located, ready-to-develop commercial/industrial lot in a growing area. Don't miss out on this chance to build your business in a high-traffic location with excellent visibility.
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.