1989 Old Naples Rd, Meredosia, IL 62665-7261
This exceptional 241.14-acre commercial and industrial land parcel presents a remarkable investment opportunity in Meredosia, Illinois. Located at 1989 Old Naples Road, this property boasts Industrial zoning and is ideally suited for a variety of large-scale ventures. Its strategic location offers convenient access to major transportation arteries, including Interstate 72, just 13.3 miles away, and proximity to Springfield, IL, and St. Louis, MO. The site's significant advantage lies in its connection to a high-capacity power grid boasting a reported 355 MW capacity, making it exceptionally well-suited for renewable energy projects. Potential uses include solar farms, battery storage facilities, hydrogen plants, data centers, cryptocurrency mining operations, or industrial/manufacturing facilities. The property is owner-operated, offering a streamlined acquisition process. With robust infrastructure and readily available public utilities, this site is ready for immediate development, presenting a unique chance to capitalize on the growing renewable energy sector and establish a significant presence in a strategically advantageous location. The property's substantial size and prime location make it an exceptional opportunity for long-term growth and profitability. This is a rare chance to secure a large-scale development site with exceptional infrastructure and connectivity.
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
Property description
Physical attributes from public recordsZoning & alternative use
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.