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    OFF-MARKET
    Industrial properties

    120 14th St, Mattoon, IL 61938-3028

    5.4 ac lot
    Entity Owned Free & Clear
    Property ID
    US28-4051983
    Property summary
    AI-generated overview

    This exceptional 6.36-acre commercial land parcel presents a remarkable opportunity for industrial development or business expansion. Strategically located at 120 N 14th Street in Mattoon, Illinois (APN: 07-1-03651-000), this property offers significant potential for a wide range of commercial ventures. The expansive lot size provides ample space for construction and future growth. The property is zoned C-3 Commercial, according to Mattoon, IL zoning ordinances, ensuring flexibility in development plans. Situated in the heart of Mattoon, this location benefits from excellent accessibility and visibility, making it an attractive proposition for businesses seeking a prominent presence in a thriving community. The property's blank slate nature allows for complete customization to meet specific development needs. This is a rare opportunity to acquire a substantial commercial land parcel in a desirable location. The asking price is $795,000. Further details are available upon request.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Lot 5.4 ac (235,224 SF)
    APN 07-1-03651-000
    UPID US28-4051983
    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
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    MAGNA TAX SERVICE CO INC
    MAGNA TAX SERVICE CO INC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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