801 Jasper St Decatur, IL 62521

OFF-MARKET

Land

0.43 ac lot

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This exceptional 0.43-acre commercial land parcel presents a unique investment opportunity in Decatur, Illinois. Located at 801 S Jasper St, this property boasts a highly desirable B-1 Neighborhood Shopping zoning designation, making it ideal for a variety of commercial ventures. Previously a gas station, the site has undergone environmental remediation with the complete removal of all underground storage tanks. The property's convenient location near Lake Decatur offers excellent visibility and accessibility. With its sizable lot and prime location in Macon County's largest city (population 76,122), this site is poised for significant development potential. The APN is 04-12-23-203-022. Interested parties should inquire about any applicable use restrictions. This is a rare opportunity to acquire a well-situated, ready-to-develop commercial lot in a thriving Illinois community. The asking price for this exceptional property is $56,190. Don't miss out on this chance to build your business in a vibrant and growing market. The property's zip code is 62521.

Property type Land

Lot 0.43 ac (18,731 SF)

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

801 Jasper St Decatur, IL 62521

Decatur metro

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$56,190

Land For Sale Decatur, IL

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801 S Jasper St, Decatur, IL 62521

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