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    OFF-MARKET
    Commercial real estate

    13th Ave Ct, Aledo, IL 61231

    0.59 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 0.59-acre commercial lot, located at Lot 5, SE 13th Avenue Court in Aledo, Illinois, presents a remarkable opportunity for businesses seeking a strategic location in a thriving community. Situated in a high-traffic area, this property boasts convenient access to major transportation routes, including Highway 17 and Highway 94, which intersect in downtown Aledo. The lot is also within a quarter-mile radius of several established businesses, including a Walmart, McDonald's, Mercer Market Grocery Store, and a Mexican restaurant, ensuring high visibility and customer accessibility. A new Casey's Gas station is under construction directly across the street, further enhancing the area's commercial appeal. Adding to the convenience, a Midwest Bank is located within the same subdivision. This property offers significant advantages, including city road frontage and, specifically for Lot 5, direct frontage on Highways 17 and 94, providing unparalleled exposure to a large volume of daily traffic. Utilities are conveniently located at the lot line, simplifying the development process and reducing initial setup costs. Aledo's strategic location, just 30 minutes south of the Quad Cities and 45 minutes north of Galesburg, makes it an ideal location for businesses seeking to serve a wide customer base. The property is also only 24 miles from Interstate 72, providing easy access to regional and national transportation networks. This is a rare opportunity to acquire a highly visible and well-situated commercial lot in a growing community.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 0.59 ac (25,700 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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