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Property profile & analytics
OFF-MARKET
Land

0 Route 48 Decatur, IL 62526

32.5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 32.5-acre property presents a significant development opportunity in Decatur, Illinois. Located on N Rte 48, this land boasts a highly desirable location with direct access to Interstate-72 (just 1.5 miles away), offering unparalleled connectivity. The property is zoned M-1 by the City of Decatur and sits within the Macon County Enterprise Zone, providing access to potential incentives. The western border of the property features private rail access directly connecting to the Midwest Inland Port, a major intermodal facility supported by Norfolk Southern, Canadian National, DCC, and DREI rail services. This strategic location provides seamless access to all North American rail networks. The property's frontage on Rt-48 (also known as Mound Road) contributes to its high value. The APN is 18-08-30-376-008. This versatile land is suitable for a variety of industrial or warehouse projects, making it an attractive investment opportunity. The asking price is $1,137,500. The property is classified as Agricultural, Commercial, and Industrial.

Property profile
Verified
Property type Land
Lot 32.5 ac (1,415,700 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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