3234 Vermilion StDanville, IL 61832

  • Other commercial real estate
  • 0.99 AC
For Lease
$12/SF/YR View listing

Property Details for 3234 Vermilion St

Lot size
0.99 AC
Property type
Other commercial real estate
APN
18-20-403-007
APU
1820403007

Description

This exceptional 9,496-square-foot retail or office space is ideally situated on Danville's North Vermilion Street retail corridor in Illinois. The single-tenant building, identified by APN 18 20 403 007, is zoned B-2 Highway Business, offering significant flexibility for a variety of uses. The property is a stand-alone structure with ample off-street parking, providing convenient access for customers and employees. The landlord is willing to consider subdividing the space to create multiple storefronts, catering to the needs of various businesses. This prime location boasts high visibility and strong foot traffic, surrounded by a thriving retail environment. Neighboring businesses include well-established national brands such as Harbor Freight, Courtesy Ford, Red Lobster, McDonald's, Arby's, Village Mall, Slumberland, Culver's, Meijer, TJ Maxx, Kohl's, and Lowe's, ensuring a robust customer base and synergistic opportunities. The property's address is 3234 N Vermilion St, Danville, IL 61832, within Vermilion County. This presents a unique opportunity for businesses seeking a prominent location in a bustling commercial area. The entire 9,496 square feet is currently vacant and ready for immediate occupancy. This property offers a rare chance to establish a strong presence in a high-traffic area with excellent visibility and a diverse range of neighboring businesses.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $15,863,024
    Hospitality
    $14,530,445
    Educational
    $12,089,159
    Medical
    $12,504,924
    Retail
    $18,805,358
3234 Vermilion St, Danville, Illinois
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Location Insight

City
Danville
County
Vermilion
State
Illinois
Latitude
40.1772
Longitude
-87.6305
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
$9,779
$44,655
$61,051
$105,706
-
$133,965
$183,153
$317,118

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