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Property profile & analytics
OFF-MARKET
Land

749 State St Charleston, IL 61920-0000

1.32 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 1.32 ac (57,499 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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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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