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Property profile & analytics
OFF-MARKET Estimated value $240,000
Commercial real estate

110 Main St Virginia, IL 62691-1312

2,720 SF 0.11 ac lot
Entity Owned Free & Clear
Property ID
US28-4083294
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 2,720 SF
Lot 0.11 ac (4,800 SF)
APN 11-041-004-00
UPID US28-4083294
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k
Owner & transaction history
6 BELLS LLC
6 BELLS LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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