Hh Rd And Market St Waterloo, IL 62298
- Land
- 1.50 lot acres
Current Use by Public Records
- Land
Property Details for 0 Hh Rd And Market St
- Lot size
- 1.50 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 3.4-acre commercial land parcel presents a unique investment opportunity in Waterloo, Illinois. Ideally situated at the intersection of HH Road and Market Street, this property boasts a highly desirable B-3 zoning designation, allowing for a wide range of commercial development possibilities. The site is conveniently located half a block from the well-lit intersection of IL Route 3, ensuring high visibility and accessibility. Its prime location directly across from a Walmart Supercenter, Denny's, and numerous retail shops and restaurants within Waterloo Plaza guarantees significant foot traffic and consumer exposure. The property offers substantial advantages with an average daily traffic count (ADT) of 24,100 vehicles on IL-3 and 11,000 on North Market Street. All utilities are readily available, simplifying development plans. The land is offered for sale at $400,000, translating to a land value of $2.70 per square foot. The property's size allows for division, catering to various development needs and investment strategies. This is an exceptional opportunity to acquire a strategically positioned commercial property in a thriving retail area. The parcel's APN is 07-13-300-004. The total acreage ranges from 1.5 to 3.4 acres.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Waterloo
- County
- Monroe
- State
- Illinois
- Longitude
- -90.1552
- Latitude
- 38.3605
