Property summary
This exceptional 2-acre agricultural land parcel presents a unique investment opportunity in Mattoon, Illinois. Strategically located at the intersection of Interstate 57 and Route 16, this property enjoys high visibility and accessibility, benefiting from the significant traffic flow along this major corridor in Coles County. The land's proximity to the new Emerald Acres Sports Complex is a key advantage, positioning it to capitalize on the anticipated influx of 250,000 unique visitors annually. This presents a compelling opportunity for a variety of commercial developments, including retail, restaurants, hotels, or entertainment venues. The existing concentration of businesses in the area further enhances the property's potential for attracting customers and generating revenue. The asking price for this prime development lot is $871,200. This property offers significant potential for growth and return on investment, making it an attractive proposition for developers seeking a high-traffic location with strong future prospects. The property's address is listed as Fort Worth, but the city and county are verified as Mattoon and Coles County, Illinois, respectively, with a zip code of 61938.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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