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    OFF-MARKET
    Warehouses

    29738 1400 North Rd, Ellsworth, IL 61737

    15,660 SF 6.5 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 6.5-acre industrial property, located at 29738 E. 1400 North Road in Ellsworth, Illinois (zip code 61737), presents a unique investment opportunity. The property boasts a total of 15,660 square feet of space distributed across three buildings, offering significant flexibility for a variety of uses. Currently zoned for agriculture, the property's previous use as a hemp growing facility highlights its suitability for indoor and outdoor cultivation, featuring dedicated indoor growing rooms. The property's expansive lot size provides ample room for expansion or additional development. The McLean County location offers convenient access to transportation routes and infrastructure. With its versatile design and substantial acreage, this property is ideal for entrepreneurs seeking a multi-faceted industrial space. The asking price is $649,000. The APN is 16-36-400-006. This institutional-grade investment is ready for its next chapter. Serious inquiries only.

    Property profile
    Verified
    Property type Warehouses
    Total area 15,660 SF
    Lot 6.5 ac (283,140 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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