1301 Pershing Rd Decatur, IL 62526
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.
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.