Station Xing Waterloo, IL 62298
- Commercial real estate
- 1.49 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for Station Xing
- Lot size
- 1.49 lot acres
- Property type
- Commercial real estate
Description
This exceptional commercial land offering presents a unique investment opportunity in the thriving Waterloo, Illinois market. The property encompasses 1.49 acres and includes twelve individual commercial lots, providing flexibility for various development projects. Six of these lots enjoy prime frontage along Illinois Route 3, a high-traffic thoroughfare boasting an impressive 2017 Illinois Department of Transportation (IDOT) traffic count exceeding 14,700 vehicles daily. This ensures significant visibility and accessibility for any business established here. The property's B-3 Central Business zoning designation opens doors to a wide range of commercial uses, maximizing its potential for diverse development. All essential utilities are readily available, either along Station Crossing or Columbia Avenue, ensuring seamless infrastructure integration. Connection fees for utilities will be determined based on the specific services required by the future development. This strategic location, coupled with the high traffic volume and flexible zoning, makes this a compelling investment prospect for developers and entrepreneurs seeking a strong foothold in a busy commercial area. The property's size and lot configuration offer significant potential for both individual lot sales and larger-scale development projects. This is a rare opportunity to acquire a substantial commercial land parcel in a prime location with excellent visibility and access. Don't miss this chance to secure your place in Waterloo's vibrant commercial landscape.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Waterloo
- County
- Monroe-IL
- State
- Illinois
- Longitude
- -90.1519
- Latitude
- 38.3439