0 5Th St, Petersburg, IL 62675
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.
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
Similar Nearby for Sale
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.