Property profile

1175 Il-185 Vandalia, IL 62471

OFF-MARKET
Land
6.17 ac lot
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Property summary

AI-generated overview

This exceptional 6.17-acre commercial land parcel presents a unique investment opportunity in Vandalia, Illinois. Located at 1175 IL-185, this fee simple property boasts over 640 feet of frontage directly on Interstate 70, a major thoroughfare with a high volume of daily traffic exceeding 22,400 vehicles. The property's APN is 18-14-08-276-004 and is zoned for commercial use ("Comm"). Its strategic location offers unparalleled visibility and accessibility, making it ideal for a wide range of commercial developments. In addition to the I-70 frontage, the property benefits from proximity to Veterans Avenue, which averages 6,800 vehicles per day, further enhancing its potential for high traffic exposure. The asking price for this exceptional property is $325,000. This prime location in Fayette County, Illinois (zip code 62471) offers significant potential for businesses seeking high visibility and convenient access to major transportation routes. The substantial lot size provides ample space for a variety of development projects, making it an attractive option for investors and entrepreneurs alike. Don't miss this chance to acquire a highly desirable commercial property in a thriving location.

Property profile

Verified
Property type Land
Lot 6.17 ac (268,765 SF)

Cap rate & NOI

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

Location

1175 Il-185 Vandalia, IL 62471
Vandalia metro
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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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