800 Commerce Pl Dr, Forsyth, IL 62535
This exceptional 7.57-acre commercial development site, located at 800 Commerce Place Drive in Forsyth, Illinois (zip code 62535), presents a unique investment opportunity. The property, identified by APN 07-07-14-351-013, is zoned C-1, allowing for a variety of commercial uses. Its strategic location boasts high traffic counts, averaging over 20,900 vehicles per day, ensuring excellent visibility and accessibility for any retail development. The land is priced at $999,000, translating to $198,151 per acre. All utilities are readily accessible, simplifying the development process. This site is ideal for a variety of concepts, including big-box retail or strip centers, and benefits from strong daytime and evening populations, as well as existing retail synergies in the area. Forsyth, a northern suburb of Decatur situated in Macon County, is a thriving retail hub, making this property an attractive prospect for developers and investors seeking a prime location for new commercial construction. The property is available for sale, land lease, or build-to-suit arrangements. This is a rare opportunity to acquire a significant parcel of land in a high-demand retail area.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.