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    Property profile & analytics

    5Th St Petersburg, IL 62675

    • Land
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 5Th St

    Property type
    Land

    Description

    This exceptional commercial land parcel, located at the highly visible corner of 5th and Douglas Streets in Petersburg, Illinois (zip code 62675), presents a unique investment opportunity. Priced at $35,000, this B1-zoned lot offers unparalleled accessibility and visibility due to its strategic corner location. The property is entirely blacktopped, providing a solid foundation for immediate development. A secure fence encloses the entire lot, offering peace of mind and enhanced security. Its location in Menard County, Illinois, provides easy access to local amenities and transportation routes. The property's size is not specified, but its prime location and fully prepared surface make it ideal for a variety of commercial ventures. This is a rare chance to acquire a ready-to-develop commercial lot in a thriving area. The blacktop surface eliminates the need for extensive site preparation, saving both time and money. The secure fencing adds to the property's appeal, making it an attractive option for businesses requiring a secure environment. Don't miss this chance to transform your business vision into reality. Contact us today to learn more about this exceptional opportunity.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Petersburg
    County
    Menard
    State
    Illinois
    Longitude
    -89.8472
    Latitude
    40.0112

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    5Th St
    Petersburg, IL 62675
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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