0 Il-54, Farmer City, IL 61842
This exceptional 5.06-acre commercial/industrial land parcel presents a unique investment opportunity in the thriving growth district of Farmer City, Illinois. Strategically located at the Interstate 74 exit (exit with 21,000 average annual daily traffic), this fee-simple property offers unparalleled accessibility and visibility. The permitted zoning is commercial, allowing for a wide range of development possibilities. Its prime location is adjacent to the planned Reserve Farmer City multifamily development, promising significant future growth and increased property value. The asking price is $275,517. This represents a compelling entry point into a rapidly developing area with high traffic counts. The property is situated on IL-54 in De Witt County, Illinois, zip code 61842. For those seeking a larger footprint, additional acreage is available at a rate of $1.25 per square foot. This property is ideal for businesses seeking high visibility and convenient access to major transportation routes. Don't miss this chance to secure a piece of this burgeoning commercial corridor.
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.