1010 Eastgate Dr Washington, IL 61571
This exceptional 0.9-acre commercial lot, located at 1010 Eastgate Drive Unit 101 & 10 in Washington, Illinois, presents a unique opportunity for developers. Boasting a highly desirable B-3 zoning classification, this parcel is primed for immediate development. Its strategic location on Route 24/Boyd Parkway ensures unparalleled visibility and high traffic counts, guaranteeing significant exposure for any future business. The level topography simplifies construction, minimizing site preparation costs and accelerating project timelines. This property offers substantial potential for a wide range of commercial ventures, from retail establishments and restaurants to office spaces and light industrial uses. The expansive acreage provides ample space for building design and potential future expansion. Given its prime location, zoning, and readily developable nature, this lot represents a compelling investment opportunity with significant return potential. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The asking price is $156,816. Don't miss this chance to secure a prominent location in a thriving community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.