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    OFF-MARKET
    Land

    112 Main St, Gorham, IL 62940

    Property ID
    Property summary
    AI-generated overview

    This exceptional 7,500 square foot parcel of land is located at 112 Main Street in Gorham, Illinois, 62940. Boasting 50 feet of frontage on Main Street (SR 9), the main thoroughfare through Gorham, this property offers unparalleled visibility and accessibility. The lot is 150 feet deep, totaling approximately 0.16 acres. Zoned for multifamily, residential, and commercial uses, this versatile property presents a multitude of development opportunities. The asking price is $8,999, translating to a land value of $1.10 per square foot. The property offers five parking spaces per 1,000 square feet. Conveniently located, it's just five minutes from the Mississippi River, ten minutes from Arkansas, and fifteen minutes from Carbondale. The property is offered fee simple and is for sale by owner. APN is 13-30-330-011. Owner financing may be available.

    Property profile
    Verified
    Property type Land
    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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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