Route 48 Decatur, IL 62526
- Land
- 32.50 lot acres
Current Use by Public Records
- Land
Property Details for 0 Route 48
- Lot size
- 32.50 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Decatur
- County
- Macon
- State
- Illinois
- Longitude
- -88.9077
- Latitude
- 39.8967
