Property profile

105 Lincoln St Pleasant Plains, IL 62677

OFF-MARKET
Commercial real estate
Property ID
US28-2994463
0.12 ac lot
Entity Owned 8-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, located at 105 Lincoln Street in Pleasant Plains, Illinois (zip code 62677), presents a unique investment opportunity. Currently configured as a car wash, this business is situated directly across from a Dollar General store, ensuring high visibility and convenient access for potential customers. The asking price is $65,000. The building has been winterized, suggesting potential for year-round operation. While currently set up as a car wash, the property's versatility allows for a range of alternative uses. Entrepreneurs might envision transforming it into a garage, storage facility, or another suitable business venture. The property's prime location in Sangamon County, Illinois, offers significant potential for growth and profitability. Its strategic placement across from a well-established retailer ensures consistent foot traffic and brand visibility. This is a chance to acquire a ready-made business or adapt the space to suit your specific entrepreneurial vision. The property's existing infrastructure provides a solid foundation for immediate operation or redevelopment. Serious inquiries are encouraged to explore this promising investment opportunity. The latitude and longitude coordinates are 39.8762672, -89.9214725 respectively.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.12 ac (5,110 SF)
APN 04-31.0-477-010
UPID US28-2994463

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

105 Lincoln St Pleasant Plains, IL 62677
Pleasant Plains metro Census 3500 SPRINGFIELD, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2018
2 recorded transactions
2018
Price N/A
2018
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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