519 State Hwy 146 Hwy McClure, IL 62957
This exceptional 540,000 USD commercial land parcel, located at 519 State Highway 146 in McClure, Illinois (zip code 62957), presents a unique investment opportunity. Situated in Alexander County, this property boasts an unparalleled location, described as the most prominent bar/club site in the area, benefiting from extensive parking—significantly exceeding the capacity of many car dealerships. The ample parking eliminates customer frustration often associated with limited parking in high-traffic commercial areas. The property's strategic position along State Highway 146 offers exceptional visibility and accessibility, further enhanced by the recent construction of a 100 million USD, four-lane bridge that directs a substantial volume of traffic directly past the property. This presents a rare chance for businesses in various sectors, including car sales, farm implements, or farm/landscape supplies, to acquire a significant land holding on both sides of the highway. The potential exists for a multi-property package deal, offering substantial expansion opportunities. This property's prime location and extensive parking make it an ideal investment for businesses seeking high visibility and accessibility in a thriving community. The property is zoned for commercial use.
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
Similar Nearby for Sale
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.