Station Xing Waterloo, IL 62298
- Commercial real estate
- 1.11 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for Station Xing
- Lot size
- 1.11 lot acres
- Property type
- Commercial real estate
Description
This exceptional commercial land offering presents a rare opportunity to acquire 1.11 acres of prime real estate in Waterloo, Illinois. The property comprises twelve individual commercial lots, strategically positioned with six lots enjoying direct frontage along Illinois Route 3, a major thoroughfare boasting an impressive 2017 Illinois Department of Transportation (IDOT) traffic count exceeding 14,700 vehicles daily. This high visibility ensures significant exposure for any business development. 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 are determined based on the specific services required by the future development. This presents a unique chance to establish a thriving business in a high-traffic location with flexible zoning and convenient access to essential infrastructure. The property's location and zoning make it ideal for a variety of commercial ventures, from retail establishments to light industrial uses. The substantial traffic count guarantees high visibility and accessibility for customers and clients. This is a turnkey opportunity for investors and developers seeking a strategic location with significant growth potential. The individual lots offer flexibility for various development scenarios, allowing for customization to suit specific business needs. Don't miss this chance to secure a prominent position in a thriving commercial area.
Value Estimation
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CAP approach
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Comparable 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