Property profile

1706 Us Hwy 67 Hwy Port Byron, IL 61275

OFF-MARKET
Office Spaces
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Office Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1706 Us Hwy 67 Hwy Port Byron, IL 61275
Port Byron metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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