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Property profile & analytics
OFF-MARKET
Land

0 11Th Ave Monmouth, IL 61462

Property ID
Property summary
AI-generated overview

This exceptional 57.62-acre commercial land parcel presents a significant investment opportunity in Monmouth, Illinois. Strategically located along West 11th Avenue, this property enjoys high visibility and convenient access to major transportation routes. Its proximity to a recently constructed truck stop and the US Highways 67 and 34 bypass significantly enhances its commercial potential. The site boasts an 80,000-pound weight limit street, ensuring accessibility for a wide range of businesses. While some utilities are already available, the specifics should be independently verified. The seller is open to considering the division of the parcel, offering flexibility for various development scenarios. This prime location, coupled with its size and accessibility, makes it ideal for a variety of commercial ventures. The asking price for this expansive tract is $3,428,855. Given its strategic location and potential for development, this property represents a compelling investment opportunity in a growing area. Serious inquiries are encouraged to explore the possibilities and submit offers. The property is situated in Warren County, Illinois, with the zip code 61462. The geographical coordinates are latitude 40.8993517 and longitude -90.6554752.

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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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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