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