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Property profile & analytics
OFF-MARKET
Land

519 State Hwy 146 Hwy McClure, IL 62957

Property ID
Property summary
AI-generated overview

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.

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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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