1706 Us Hwy 67 Hwy, Port Byron, IL 61275
This exceptional investment opportunity presents a former veterinary clinic located at 1706 US HWY 67 Highway, Preemption, IL 61275, in Mercer County. The property is listed at $80,000 and consists of a single building situated on land. The building previously operated as a veterinary clinic but is now vacant. A portion of the structure sustained water damage, which has since been professionally addressed and remediated by a restoration company. The property's location offers convenient access via US Highway 67, providing excellent visibility and accessibility for potential businesses. The building's previous use as a veterinary clinic suggests potential for continued medical office use, or adaptive reuse for a variety of commercial purposes. The property is ready for immediate occupancy and offers a unique chance to acquire a well-located building at an attractive price point. Detailed records of the water damage remediation are available upon request. This is an ideal opportunity for investors seeking a value-add property with significant upside potential in a growing area. The property's location in Port Byron, Illinois, provides access to a strong local market and regional transportation networks. The land offers ample space for potential expansion or future development. Serious inquiries are encouraged.
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
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.