Property profile

7 Cougar Dr Peru, IL 61354

OFF-MARKET
Land
6 ac lot
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Property summary

AI-generated overview

This exceptional 6.607-acre parcel of commercially zoned land presents a compelling investment opportunity in the thriving JP Hollerich Industrial Park in Peru, Illinois. Conveniently located near Interstate 80, this property offers unparalleled access to major transportation arteries, streamlining logistics and distribution. The land is designated for industrial use, eliminating zoning hurdles and expediting development. A significant advantage is the absence of any on-site water detention or retention requirements, simplifying the construction process and potentially reducing costs. Essential utilities are readily available, including water, sewer, power, phone lines, and high-speed fiber optic cable. The property boasts a low tax rate, further enhancing its financial attractiveness. The lot's size and strategic location within the industrial park make it ideal for a variety of commercial ventures, from warehousing and distribution centers to light manufacturing facilities. The property is offered at $287,801, representing a fee simple ownership with APN 1706110003. This prime location, coupled with its readily available infrastructure and favorable tax structure, makes this a highly desirable site for businesses seeking efficient and cost-effective operations. The address is Lot 7 Cougar Dr, Peru, IL 61354. The property is situated near the airport, providing additional logistical benefits.

Property profile

Verified
Property type Land
Lot 6 ac (261,360 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7 Cougar Dr Peru, IL 61354
Peru metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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