Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    State Rte 49 Casey, IL 62420

    • Land
    • 4.61 lot acres
    For Sale
    View listing
    $180,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 State Rte 49

    Lot size
    4.61 lot acres
    Property type
    Land

    Description

    This exceptional 4.61-acre commercial land parcel presents a prime development opportunity in Casey, Illinois. Boasting 611 feet of frontage directly on State Route 49, this property offers unparalleled visibility and accessibility. Its strategic location just south of Interstate 70 ensures high traffic counts and convenient access to major transportation routes. Currently zoned commercial and situated within the city's Retail Market Place Zone, this land is ideally suited for a variety of commercial ventures. The expansive lot size provides ample space for development, making it an attractive investment for businesses seeking a prominent location with excellent exposure. The property's proximity to I-70 guarantees a large pool of potential customers and easy access for employees and deliveries. Serious inquiries are encouraged to explore the potential of this exceptional commercial land offering. The asking price is $180,000. All information is deemed reliable but not guaranteed.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Casey
    County
    Clark
    State
    Illinois
    Longitude
    -87.9929
    Latitude
    39.3012

    Comparable in this City

    • Value Estimation by Request
      3.10 Acres

      Casey, IL 62420

      COMMERCIAL (GENERAL) • 3.10 Acres
      Casey, IL 62420
      View Details
    • Value Estimation by Request
      0.04 Acres

      Casey, IL 62420

      COMMERCIAL (GENERAL) • 0.04 Acres
      Casey, IL 62420
      View Details
    • Value Estimation by Request

      Casey, IL 62420

      COMMERCIAL (GENERAL)
      Casey, IL 62420
      View Details
    • Value Estimation by Request
      10.00 Acres

      Casey, IL 62420

      COMMERCIAL (GENERAL) • 10.00 Acres
      Casey, IL 62420
      View Details
    • Value Estimation by Request
      0.50 Acres

      Casey, IL 62420

      COMMERCIAL (GENERAL) • 0.50 Acres
      Casey, IL 62420
      View Details
    • Value Estimation by Request
      2.41 Acres

      607 13th St

      COMMERCIAL (GENERAL) • 2.41 Acres
      607 13th St, Casey, IL 62420-2167
      View Details

    Similar Nearby for Sale

    • $180,000
      4.61 Acres

      Casey, IL Commercial Land

      4.61 Acres, High-Traffic Location
      0 State Rte 49, Casey, IL 62420
      View Details
    • $100,000
      0.12 Acres

      Downtown Casey Commercial Land

      Prime Commercial Land, Fitness Center Included
      218 Central Ave, Casey, IL 62420
      View Details
    • $440,000
      40.00 Acres

      40 Acres of Vacant Land

      Land with woods, hills, creek bottom, and level ground.
      1000 N Co Rd 2150 e, Casey, IL 62420
      View Details
    • Contact for pricing
      307,874 SF

      Illinois Industrial Portfolio Auction

      Multi-Tenant Warehouse Portfolio, 15-Year Lease
      400 Delaware Ave, Casey, IL 62420
      View Details
    • $1,181,647
      16,240 SF

      Renovated Retail Building For Sale

      Recently renovated retail property with long-term net lease.
      924 Route 49 N, Casey, IL 62420
      View Details
    • $350,000
      2.00 Acres

      Versatile Flex Building on Two Acres

      2,400 SF flex building with office and warehouse space.
      922 N State Highway 49, Casey, IL 62420
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    State Rte 49
    Casey, IL 62420
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.