711 Hickox Dr Lincoln, IL 62656
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.
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
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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.