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Property profile & analytics
OFF-MARKET
Warehouses

711 Hickox Dr Lincoln, IL 62656

Built 1972
Property ID
Property summary
AI-generated overview

This exceptional commercial property in Lincoln, Illinois, presents a unique investment opportunity. Located on the city's west side, directly across from the Logan County Fairgrounds and near Memorial Hospital, this property boasts high visibility and convenient access. The main structure is a 5,400 square foot metal building, constructed in 1972, featuring a flexible open floor plan ideal for a variety of uses. Three bathrooms, a sauna, and a shower are included, along with dedicated office/storage space. Ample parking is available, accommodating over 20 vehicles. Adding to the property's versatility is a second, 1,120 square foot metal building situated just west of the main structure. This additional building is insulated and heated, providing further space for operations or storage. The asking price for this property is $150,000. The property is classified as land, industrial, and office, encompassing commercial, warehouse, flex, and medical office subtypes. Please note that any exercise equipment previously located on the property is not included in the sale. This property is zoned for commercial use and offers significant potential for a variety of businesses. Its prime location and versatile layout make it an attractive investment opportunity.

Property profile
Verified
Property type Warehouses
Year built 1972
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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