000 Hwy 51 Hwy, Cobden, IL 62958
This 2.4-acre farm is strategically located at the southwest corner of the intersection of Old Highway 51 (where a Dollar General is situated) and New Highway 51 in Makanda, Illinois. The property boasts a highly visible corner location on South Highway 51, easily accessible from Old Highway 51. While offering a rural feel, its location on a heavily trafficked state highway provides exceptional exposure. The proximity to a Dollar General and approximately an eighth of a mile from Unity Point School further enhances its appeal. A traffic light at this intersection ensures convenient access. The property is zoned as Carbondale Secondary Business, offering diverse development possibilities. The parcel number is 19-08-203-003, and the asking price is $149,900. This exceptional location presents a unique opportunity for businesses seeking high visibility and convenient access in a growing community. The property's address is 000 S Highway 51 Highway, Makanda, IL 62958.
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
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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.