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    OFF-MARKET
    Land

    1325 Veterans Ave, Vandalia, IL 62471

    2.49 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2.49-acre commercial land parcel presents a unique development opportunity in Vandalia, Illinois. Strategically located on Veterans Avenue (Highway 40) with 427 feet of direct frontage on Interstate 70, this fee simple property boasts unparalleled visibility. With a daily traffic count exceeding 22,000 vehicles on I-70 and an additional 8,850 vehicles on Veterans Avenue, this site offers exceptional exposure for any commercial venture. The property's commercial zoning allows for a wide range of development possibilities. Its convenient location near established businesses such as Rural King, restaurants, and shopping centers ensures high foot traffic and customer accessibility. The asking price is $125,000, making this an affordable entry point for developers seeking a high-impact location. The property's APN is 181408252009. This versatile parcel presents a blank canvas for an enterprising developer to create a thriving commercial establishment. Don't miss this chance to capitalize on this prime location in a growing community.

    Property profile
    Verified
    Property type Land
    Lot 2.49 ac (108,464 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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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