1325 Veterans Ave, Vandalia, IL 62471
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.
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
Similar Nearby for Sale
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.