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    OFF-MARKET
    Commercial real estate

    2675 Opas Rd Unit, Riverton, IL 62561

    0.98 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 0.98-acre commercial lot, identified as Lot #9 at 2675 Overpass Road, Unit Lot 9, Riverton, Illinois, presents a compelling investment opportunity. The property is ideally situated for a variety of commercial uses and offers significant potential for expansion. Its strategic location in Riverton provides easy access to key transportation routes and amenities, making it an attractive proposition for businesses seeking a prominent presence. A key feature of this offering is the possibility of combining this lot with the adjacent Lot #10, which encompasses 1.38 acres, thereby significantly increasing the overall land area available for development. This presents a unique opportunity to create a larger, more comprehensive commercial project. Furthermore, an additional 7-acre parcel with existing buildings and a construction yard (CA1026022) is also available for acquisition, offering further expansion possibilities and potential synergies. The property is priced competitively at $514,800, reflecting its prime location and development potential. Serious inquiries are encouraged to explore this exceptional commercial land opportunity in the thriving Riverton market. The property is zoned for general commercial use, allowing for a wide range of development options. Prospective buyers are encouraged to conduct their own due diligence to confirm zoning regulations and suitability for their intended use. This is a rare chance to secure a substantial commercial land parcel in a desirable location.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 0.98 ac (42,689 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
    Current use
    Occupant on record · Public records
    • S & W Contractors of Illinois Construction Company
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
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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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