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    OFF-MARKET
    Retail properties & Spaces

    8595 Us-51, Cobden, IL 62920

    11,136 SF 65 ac lot
    Property ID
    Property summary
    AI-generated overview

    Exceptional investment opportunity: $1,400,000 asking price for a 65-acre property in Cobden, Illinois (62920), located at 8595 US-51. This mixed-use property boasts 11,136 square feet of commercial space, currently vacant, and zoned for commercial use. The property includes a farm-to-table restaurant and wine bar, five rental cabins, two lakes, and a large outdoor concert amphitheater with ample parking. A 1200 square foot metal building and a three-acre vineyard are also included, presenting potential for winery development. Situated on the Shawnee Hills Wine Trail, this location offers easy access to twelve wineries and numerous outdoor recreational opportunities, including hiking trails, lakes, and rivers. The property is conveniently located off US Highway 51, south of Southern Illinois University in Carbondale. This unique property presents a rare opportunity to acquire a thriving business and event venue with significant expansion potential. The property's APN is 04-08-02-129-A2. An additional 33 acres of tillable land are available for separate purchase. The property is owned by an LLC.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 11,136 SF
    Lot 65 ac (2,831,400 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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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