342 Park Blvd Freeport, IL 61032
- Retail properties
- 0.51 lot acres
Current Use by Public Records
- Retail properties
Property Details for 342 Park Blvd
- Lot size
- 0.51 lot acres
- Property type
- Retail properties
- Property subtype
- Retail space
Description
This 0.51-acre vacant lot presents a unique investment opportunity in Freeport, Illinois. Zoned for retail use, specifically convenience store and storefront, this property boasts a highly visible location at the hard corner of a well-lit intersection. Access is convenient from both North Park Boulevard and West Galena Avenue, ensuring excellent visibility and accessibility for potential businesses. The strategic location places the property directly across the street from a shopping center anchored by CVS and a grocery store, providing significant foot traffic and consumer draw. West Galena Avenue, a major thoroughfare in Freeport, runs directly past the property, further enhancing its exposure to a large daily volume of vehicles. The asking price is $375,000. This vacant land is ideal for developers seeking a prime location to build a new convenience store or storefront, capitalizing on the existing commercial activity and high traffic counts in this established retail area. The property's size and location make it an attractive proposition for investors looking for strong returns in a thriving market. The site offers significant potential for a variety of retail uses, making it a compelling investment opportunity.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Freeport
- County
- Stephenson
- State
- Illinois
- Longitude
- -89.6506
- Latitude
- 42.3026
