Property profile

2060 County Road 2450 Grayville, IL 62844

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional commercial land parcel presents a unique development opportunity along Interstate 64 in Grayville, Illinois. Located at 2060 County Rd 2450 N, this high-visibility site boasts convenient access to I-64, just one mile west of the Indiana state line at exit 130. The property sits on the corner of Illinois Highway 1 and County Road 2450 N, offering unparalleled exposure to a significant volume of traffic. The site is zoned N/A and its APN is 0529200011 in White County, Illinois. This prime location is situated within a thriving retail and consumer services area, attracting a diverse clientele including outdoor enthusiasts and industrial trades personnel serving the region's industrial and power-generating sectors. The property is available for ground lease or build-to-suit arrangements, providing flexibility for various development plans. The address is 2060 County Rd 2450 N, Grayville, IL 62844. This is a single-tenancy property ideal for businesses seeking high visibility and convenient access to a major interstate highway. The property's strategic location and high traffic count make it an attractive investment for developers seeking to capitalize on the area's growth potential. Serious inquiries are encouraged.

Property profile

Verified
Property type Land

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Hotel & Motel

Location

2060 County Road 2450 Grayville, IL 62844
Grayville metro
Google Maps

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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