Station Xing Waterloo, IL 62298
- Commercial real estate
- 1.28 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for Station Xing
- Lot size
- 1.28 lot acres
- Property type
- Commercial real estate
Description
This exceptional commercial land offering presents a rare opportunity to acquire 1.28 acres of prime real estate in Waterloo, Illinois. The property comprises twelve individual commercial lots, six of which enjoy high visibility along Illinois Route 3, a major thoroughfare boasting an impressive 2017 Illinois Department of Transportation (IDOT) traffic count exceeding 14,700 vehicles daily. This significant traffic volume ensures exceptional exposure for any business established on this site. The property is zoned B-3 Central Business, allowing for a wide range of commercial uses. All essential utilities, including water, sewer, electricity, and gas, are readily available along both Station Crossing and Columbia Avenue. Connection fees for these utilities will be determined based on the specific services required by the future development. The property's strategic location and high traffic count make it an ideal investment for developers seeking to capitalize on a thriving commercial market. This is a unique chance to secure a substantial land parcel in a highly visible and accessible location, perfect for a variety of commercial ventures. The asking price for the entire 1.28-acre parcel, encompassing all twelve lots, is $200,000. This represents a compelling investment opportunity in a growing area. Detailed site plans and utility connection information are available upon request. Don't miss this chance to secure your piece of Waterloo's commercial future.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Waterloo
- County
- Monroe-IL
- State
- Illinois
- Longitude
- -90.1519
- Latitude
- 38.3439