110 Main St Virginia, IL 62691-1312
This exceptional 0.11-acre commercial land parcel presents a remarkable investment opportunity in the heart of Virginia, Illinois. Located at 110 S Main St, this property boasts a highly visible location directly across from the County Courthouse on the town square, ensuring significant foot traffic and exposure. The 4,800 square foot lot offers considerable potential for a variety of commercial ventures. Its prime location within a bustling area makes it ideal for businesses seeking high visibility and accessibility. The asking price is $70,000, representing a compelling entry point into the vibrant Virginia commercial real estate market. This property is zoned for commercial use and is ready for immediate development. The existing infrastructure provides a solid foundation for a new business or expansion of an existing one. Given its strategic location and size, this land parcel is an exceptional opportunity for investors seeking a strong return on investment in a thriving community. The property's proximity to the County Courthouse guarantees consistent traffic flow, making it an attractive location for a wide range of businesses. Don't miss this chance to acquire a highly desirable commercial property in a prime location. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.