0 Route 48 Decatur, IL 62526
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.
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
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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.