Current Use by Public Records
- Land
Property Details for 0 Potomac Blvd
- Lot size
- 68.00 lot acres
- Property type
- Land
Description
This exceptional commercial land opportunity in Mount Vernon, Illinois, totals approximately 68 acres and is being offered via sealed bid auction. Conveniently located just off Interstate 57/64, this property presents a unique investment prospect. The land is divided into seven distinct tracts, allowing for flexible purchasing options. Buyers can bid on individual tracts or combinations to suit their specific needs and budget. Tract 1, the northernmost parcel, encompasses roughly 4 acres and sits adjacent to Walgreens employee parking. Tract 2 comprises approximately 25.5 acres and features two ponds. Tract 3 covers approximately 18 acres. Tracts 3A and 3B are subdivisions of Tract 3, with 3A measuring approximately 3.88 acres between I-57/64 and the AMC Classic Movie Theatre, and 3B encompassing approximately 3.37 acres behind the theatre, including a roughly 30 x 75 foot building. Tract 4, situated behind Rend Lake Marketplace, is approximately 9.76 acres. Finally, Tract 5, located south of the Fairfield Inn, covers approximately 3.95 acres. The total property is zoned for commercial use and offers significant potential for development. Sealed bids are due before the auction commences at 9:00 AM on November 22, 2024. The auction will be held at Farm Credit in Mt. Vernon, IL. The property's APN numbers are: 06-26-102-002
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mount Vernon
- County
- Jefferson
- State
- Illinois
- Longitude
- -88.9561
- Latitude
- 38.3201
