2028 Seminary St, Galesburg, IL 61401
This exceptional 14.03-acre commercial property at 2028 N Seminary Street in Galesburg, Illinois, presents a remarkable investment opportunity. Located on a high-traffic road, this land boasts unparalleled visibility and accessibility, ensuring maximum exposure for any development. Its strategic position directly adjacent to a newly constructed 14,000 square foot medical clinic guarantees a steady flow of potential customers and residents. The property's proximity to numerous chain retailers, financial institutions, and restaurants further enhances its desirability and potential for success. This versatile parcel offers endless possibilities for developers seeking to create a thriving commercial center or a new residential community. The high volume of traffic and convenient location guarantee a steady stream of potential customers or residents, making this an ideal site for a variety of commercial ventures or residential projects. The property's size and location make it an attractive investment for those seeking to capitalize on the growing demand for commercial and residential space in Galesburg. An adjoining parcel is also available for purchase, offering the potential for even larger-scale development. This is a rare opportunity to acquire a prime piece of real estate in a rapidly developing area. The asking price is $1,450,000.
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Graham Medical Group Center for Ambulatory Care Medical Clinic
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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.