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Property profile & analytics
OFF-MARKET
Land

113 Ball Dr Lincoln, IL 62656

0.95 ac lot
Property ID
Property summary
AI-generated overview

This 0.95-acre commercial land parcel in Lincoln, Illinois, presents a unique investment opportunity. Located in the Illinois Enterprise Zone, it offers attractive development incentives. The property boasts exceptional visibility from Interstate 55, situated at the first stoplight intersection off the northbound exit ramp (#126). Its strategic location is further enhanced by its adjacency to a recently constructed Starbucks, ensuring high traffic and brand recognition. The property's APN is 12-027-005-31, and it is zoned for industrial use. This prime location offers significant potential for various commercial developments, benefiting from the high visibility and convenient access to the interstate. The land is privately owned and is being offered for sale directly by the owner. This is a rare chance to acquire a highly visible and strategically located parcel in a thriving area with significant development potential within the Illinois Enterprise Zone. The property's size and location make it ideal for a variety of commercial uses, capitalizing on the high traffic volume generated by the interstate and the nearby Starbucks. Serious inquiries are encouraged.

Property profile
Verified
Property type Land
Lot 0.95 ac (41,382 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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