2098 Washington Rd, Washington, IL 61571
This exceptional 7.53-acre commercial parcel presents a rare opportunity for development in Washington, IL. Strategically located on busy Washington Road, this property boasts high visibility and convenient access. The land is already cleared and ready for construction, saving significant time and expense. Its C-2 zoning allows for a wide range of commercial uses, making it ideal for various businesses. The property's prime location offers significant advantages, situated near major retailers such as Menards and Super Walmart, ensuring high traffic and customer visibility. Further enhancing its appeal, the property is directly adjacent to a Meijer Mart parcel, creating a synergistic environment for potential development. A significant added benefit is the presence of a natural gas well on the site, offering potential cost savings for future operations. This exceptional property is priced at $475,000 and represents an outstanding investment opportunity for developers and businesses seeking a high-traffic location with significant development potential. The cleared land and convenient access to major roadways make this a truly exceptional commercial offering. Don't miss this chance to secure a prime piece of commercial real estate in a thriving market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.