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Property profile & analytics
OFF-MARKET
Land

0 Hickory Grove Rd Dunlap, IL 61525

11.74 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 11.74-acre commercial and industrial land parcel presents a unique investment opportunity in Dunlap, Illinois. Strategically located at the corner of Route 40 and Hickory Grove Road, this property boasts a prime location with high visibility and accessibility. The site benefits from a signalized intersection and impressive daily traffic counts of 11,100 vehicles, ensuring maximum exposure for any development. Zoned C2 and A2, the land offers considerable flexibility for a variety of commercial and industrial uses. A preliminary plat is readily available, simplifying the development process. Adding to its appeal, a billboard lease, in place since 2002 with Adams Outdoor, generates consistent rental income. The property's proximity to Route 6 (within 2 miles) further enhances its connectivity and logistical advantages. This is a rare opportunity to acquire a substantial, well-located parcel with existing income and significant development potential in a thriving area of Peoria County. The property's address is W Hickory Grove Rd, Dunlap, IL 61525.

Property profile
Verified
Property type Land
Lot 11.74 ac (511,394 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
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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