450 Pershing Rd Decatur, IL 62526
- Commercial land
- 0.72 lot acres
Current Use by Public Records
- Commercial land
Property Details for 450 Pershing Rd
- Lot size
- 0.72 lot acres
- Zone code
- MUNICIPAL
- Property type
- Commercial land
- APN
- 07-07-35-351-016
- APU
- 70735351016
Description
This exceptional 0.73-acre commercial land parcel presents a unique investment opportunity in Decatur, Illinois. Located at the intersection of East Pershing Road and North Martin Luther King Drive, this property boasts unparalleled visibility and accessibility, situated in a high-traffic area anchored by a newly constructed Aldi store (built in 2018). The property's strategic location is further enhanced by its proximity to a variety of established national retailers, including Kroger, Dunkin’ Donuts, Circle K, Culver’s, and McDonald's, ensuring consistent foot traffic and strong brand recognition. The parcel is identified by APN 07-07-35-351-007 and is offered at an asking price of $650,000. This prime location offers significant potential for a variety of commercial developments, making it an ideal investment for discerning buyers seeking a high-return opportunity in a thriving retail environment. The property's size and location make it suitable for a range of commercial uses, capitalizing on the existing synergy of successful businesses in the immediate vicinity. This is a rare opportunity to acquire a highly visible and strategically located commercial land parcel in a strong retail corridor.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Decatur
- County
- Macon
- State
- Illinois
- Longitude
- -88.9518
- Latitude
- 39.8773
- CBSA code
- 19500
- CBSA name
- DECATUR, IL METROPOLITAN STATISTICAL AREA
