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    OFF-MARKET
    Land

    0 775Th Ave, Robinson, IL 62454

    1.65 ac lot
    Property ID
    Property summary
    AI-generated overview

    Exceptional opportunity to acquire one of four prime commercial lots (Lots 1-4 & 7) situated within the Emerald Lake Estates Corp. Subdivision in Robinson, Illinois (zip code 62454). Each lot offers 1.65 to 2.98 acres of land, priced at $7,000 per lot, representing a value of $0.33 per acre. These lots are conveniently located on E 775th Ave in Crawford County, Illinois. All lots boast readily available electricity and public water access, simplifying development. A warranty deed ensures sole ownership upon purchase. The lots are zoned PMR-1. Note that the property tax assessment will be determined upon the parcel's division. A minimum of 1,000 square feet of home construction is required per lot. Individual lot dimensions are 107' x 135'. The APN is 05-3-16-000-006-000. This presents a unique chance to build in a desirable location.

    Property profile
    Verified
    Property type Land
    Lot 1.65 ac (71,874 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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