2709 Park Ave Herrin, IL 62948
- Commercial real estate
- 2.97 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 2709 Park Ave
- Lot size
- 2.97 lot acres
- Property type
- Commercial real estate
- APN
- 06-06-400-002
Description
This exceptional 2.97-acre commercial land parcel presents a unique investment opportunity in Herrin, Illinois. Located at 2709 S Park Ave, this property boasts a highly desirable location along IL Route 148, a primary business corridor with a significant average daily traffic count of 13,700 vehicles. The site benefits from its position within a Tax Increment Financing (TIF) District, offering potential economic advantages. The property is situated in a thriving commercial area, surrounded by a diverse mix of businesses, including offices and fast-food establishments, indicating a strong and growing local economy. All essential utilities are readily available on-site, simplifying development and operational costs. The parcel is zoned for business use, providing flexibility for a wide range of commercial ventures. With a total asking price of $385,000, this translates to an attractive price per acre of $129,630. The property's APN is 06-06-400-002. This prime location and advantageous zoning make this a compelling opportunity for developers and investors seeking a strategic foothold in a dynamic commercial market. Don't miss this chance to acquire a significant piece of Herrin's commercial landscape.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Herrin
- County
- Williamson
- State
- Illinois
- Longitude
- -89.0270234
- Latitude
- 37.766607
