3649 Vermilion StDanville, IL 61832

  • Other commercial real estate
  • 9.43 AC
For Lease

Property Details for 3649 Vermilion St

Lot size
9.43 AC
Property type
Other commercial real estate
APN
18-20-205-002
APU
1820205002

Description

This exceptional 800-square-foot retail space offers a prime, in-store location within a high-traffic Meijer supermarket in Danville, Illinois (zip code 61832, Vermilion County). Situated at 3649 N Vermilion St, this single-tenant space provides unparalleled visibility and access to thousands of weekly shoppers. The "Store-Within-A-Store" concept offers significant advantages, including a high-traffic, front-of-store location strategically placed for maximum customer interaction. The all-inclusive monthly fee covers real estate taxes, property insurance, CAM, and utilities, simplifying operational costs. Branding opportunities are available, both internally and externally, maximizing exposure. This location benefits from exceptional demographics within a thriving trade area. Ideal for various businesses, including financial institutions, food and beverage vendors, service businesses, and health and wellness providers. This is a unique opportunity to establish a presence in a well-known Midwest retail destination. The property is currently vacant and ready for immediate occupancy.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $151,100,784
    Hospitality
    $138,407,504
    Educational
    $115,153,416
    Medical
    $119,113,720
    Retail
    $179,127,536
3649 Vermilion St, Danville, Illinois
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Location Insight

City
Danville
County
Vermilion
State
Illinois
Latitude
40.1874
Longitude
-87.6261
CBSA code
19180
CBSA name
DANVILLE, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$267,144
$175,121
$2,712,553
$2,887,674
-
$525,363
$8,137,659
$8,663,022

FAQs

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