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Property profile & analytics
OFF-MARKET
Land

0 Highland St Morton, IL 61550

2.38 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.38-acre commercial lot presents a unique investment opportunity within the thriving Morton Commerce Park in Morton, Illinois (zip code 61550). Located at the corner of Main and Highland Streets, this I-1 zoned property offers convenient access to I-74, placing your business within easy reach of Peoria, Bloomington, and Springfield. The lot is part of a larger, highly successful 150+ acre industrial park, boasting established infrastructure including readily available water, sewer, and natural gas utilities. Storm water detention ponds are also in place. This prime location benefits from proximity to major businesses such as Parker Fabrication, Quality Trailer, PRECO, Inc., FedEx, Super Walmart, and Blain's Farm & Fleet, ensuring high visibility and a strong commercial presence. The property is available for immediate sale and offers the potential for build-to-suit development. This is an exceptional opportunity to establish your business in a well-established and rapidly growing industrial park. The lot's size and location within the park make it ideal for a variety of commercial and industrial uses. Don't miss this chance to secure a strategic foothold in a thriving Illinois market.

Property profile
Verified
Property type Land
Lot 2.38 ac (103,673 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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