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Property profile & analytics
OFF-MARKET
Commercial real estate

17 Broadway St Witt, IL 62094

0.18 ac lot
Property ID
Property summary
AI-generated overview

This exceptional commercial opportunity encompasses three contiguous lots ideally situated on East Broadway Street in the thriving town of Witt, Illinois. The combined parcels, identified as 13-06-263-004, 13-06-263-005, and 13-06-263-006, boast a generous 79.5 feet of frontage along East Broadway Street and extend approximately 100 feet in depth. Convenient alley access is provided at the rear of the property, enhancing accessibility and logistical ease. These lots present a unique advantage for developers and businesses seeking a prime location with excellent visibility. The property has undergone thorough preparation, with all lots cleared and cleaned, eliminating the need for extensive site preparation before construction. Essential city utilities, including water, gas, and sewer services, are readily available, streamlining the development process and minimizing upfront costs. This is a turnkey opportunity to establish a new business or expand existing operations in a desirable location. The asking price of $9,000 represents an exceptional value for the size, location, and readiness of these combined commercial lots. Don't miss this chance to secure a strategic foothold in Witt, Illinois.

Property profile
Verified
Property type Commercial real estate
Lot 0.18 ac (7,841 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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