29738 1400 North Rd, Ellsworth, IL 61737
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.