0 11Th Ave Monmouth, IL 61462
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.
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
Similar Nearby for Sale
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.