Property profile

0 Moore Ave Tuscola, IL 61953

OFF-MARKET
Land
23.76 ac lot
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Property summary

AI-generated overview

This exceptional 23.76-acre commercial land parcel in Tuscola, Illinois, presents a unique investment opportunity. Strategically located at the I-57 exit onto Route 36, this property boasts unparalleled visibility and accessibility. The B-1 Highway Commercial zoning allows for a wide range of development possibilities, including fast food restaurants, hotels, apartments, office spaces, and senior living facilities. The site benefits from its proximity to a new Love's Truck Stop and a recently opened grocery store, ensuring high traffic and immediate access to amenities. The City of Tuscola is known for its proactive and supportive approach to development, making this an ideal location for businesses seeking a thriving environment. Major infrastructure is already in place, simplifying the development process. The property features significant frontage (191 feet) and depth (2400 feet), offering ample space for various projects. Lot sizes range from 0.8 to 12.76 acres, with pricing ranging from $470,000 to $850,000 per lot, or $2,720,000 for the entire parcel. The property's location near Champaign and Effingham provides access to a larger regional market. This is a rare chance to acquire a high-impact commercial property with exceptional visibility and development potential. The APN is 09-02-35-30-050.

Property profile

Verified
Property type Land
Lot 23.76 ac (1,034,986 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Moore Ave Tuscola, IL 61953
Tuscola metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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