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Property profile & analytics
OFF-MARKET
Land

1301 Pershing Rd Decatur, IL 62526

0.7 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.7-acre commercial land parcel presents a remarkable development opportunity in Decatur, Illinois. Situated at 1301 E Pershing Rd, in Macon County (zip code 62526), this property boasts a highly desirable northeast location with exceptional visibility and significant traffic flow. The site is strategically positioned near the thriving Harrison Center, a retail hub anchored by established businesses such as Ashley Home Store Outlet, Big Lots, and Best Brands Outlet, ensuring high consumer traffic and strong brand synergy. This prime location offers developers the chance to capitalize on existing retail momentum and create a valuable addition to the area's commercial landscape. The asking price for this exceptional development outlot is $225,000. The property's size and location make it ideal for a variety of commercial ventures, offering significant potential for return on investment. Interested parties are encouraged to explore the possibilities this exceptional property presents. Detailed site plans and further information are available upon request. This is a rare opportunity to acquire a highly visible and strategically located commercial land parcel in a thriving retail corridor. Don't miss out on this chance to build your next successful venture.

Property profile
Verified
Property type Land
Lot 0.7 ac (30,492 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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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