1255 Hickox Dr Lincoln, IL 62656
This exceptional commercial property at 1255 Hickox Drive in Lincoln, Illinois, presents a unique investment opportunity. The 2.2-acre lot houses a well-established and profitable pet motel, offering dog and cat boarding, grooming, and daycare services. The attractive all-brick building, constructed in 1985, features a charming sunroom and boasts over 5100 square feet of space, efficiently designed for modern business operations. A large fenced side yard provides ample space for a dog run. This turnkey business has enjoyed consistent success for 15 years within a community of approximately 15,000 residents, making it an ideal acquisition for a pet-loving entrepreneur. The property has undergone numerous recent updates, details of which are available upon request along with financial information for qualified buyers. Located in Logan County, Illinois, with the zip code 62656, this property offers a blend of established success and significant growth potential. The property's prime location and the existing business's strong reputation contribute to its high value and potential for continued profitability. Detailed improvement lists are available through RMLS/MRED documentation or upon request. This is a rare chance to acquire a thriving business with significant assets.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.