17092 Route 37 N, Johnston City, IL 62951
For Sale
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Excellent property to own a locally established car lot just north of Johnston City. Car lot itself is .32 acre and then there are 3.52 acres of vacant land that sits alongside the car lot. This property offers a highly visible location, making it ideal for a variety of business uses. The lot has previously accommodated up to 40 vehicles, making it perfectly suited for auto sales, but it could also be used for storage building sales, trailer sales, or other commercial ventures such as a gaming/slot location or equipment sales. With strong road visibility and ample space for inventory and expansion, this property provides flexibility for many different business models. The current owner operates a thriving business, highlighting the strength of this location. Great opportunity for an entrepreneur or business looking to expand in a proven location. 02-12-200-048 parcel has building on it, 02-12-200-046 parcel is land to the north.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
2 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.
