Property profile

1325 Veterans Ave Vandalia, IL 62471

OFF-MARKET
Land
2.49 ac lot
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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

Location

1325 Veterans Ave 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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