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    000 Us Highway 51 De Soto, IL 62924

    • Land
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 000 Us Highway 51

    Property type
    Land

    Description

    This exceptional 27.14-acre property in De Soto, Illinois, presents a rare investment opportunity. Located on US Highway 51 North, this land boasts approximately 1,018 feet of road frontage, offering excellent visibility and accessibility. A survey reveals a mix of partially cleared and wooded areas, enhanced by the presence of a lake. While the lake is shared with neighboring properties via their lakefront access, this expansive parcel provides ample space for development. Preliminary research suggests the availability of Ameren electricity and potential access to De Soto city water; however, verification with utility companies is recommended. The property's location offers a peaceful country setting while remaining conveniently close to Carbondale and other nearby communities, approximately 15 minutes away. Note that a neighboring property utilizes a small portion of this land for driveway access, but no formal easement exists. This versatile land is ideal for multiple residential builds, making it a highly attractive prospect for developers or those seeking a substantial rural property. The property is priced at $259,000. The zip code is 62924.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    De Soto
    County
    Jackson
    State
    Illinois
    Longitude
    -89.2279
    Latitude
    37.8181

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      200 Chestnut St

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    000 Us Highway 51
    De Soto, IL 62924
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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