Property profile

2710 Andrew Rd Sherman, IL 62684

OFF-MARKET
Land
Property ID
US28-3104743
1.53 ac lot
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Property summary

AI-generated overview

This exceptional 1.53-acre commercial land parcel presents a remarkable investment opportunity in the thriving town of Sherman, Illinois. Located at 2710 E Andrew Rd, this property boasts a highly desirable location at the hard corner of Andrew Road and Sherman Boulevard/Bus 55, ensuring exceptional visibility and accessibility. The site is zoned B-1, offering a wide range of potential commercial uses. The property comprises two parcels, providing flexibility for development. Its strategic position places it directly across from a burgeoning retail center anchored by established businesses such as Walgreens, United Community Bank, County Market, One Stop Auto Shop, and the Fire & Ale restaurant, among others. This vibrant retail environment guarantees high foot traffic and strong consumer presence, making it an ideal location for a variety of commercial ventures. The area's continued growth and prosperity further enhance the long-term investment potential of this exceptional property. The asking price for this prime commercial land is $750,000. This is a rare opportunity to acquire a strategically located commercial property in a rapidly expanding market. Don't miss out on this chance to secure a significant piece of Sherman's commercial landscape. The property's zip code is 62684, and it's situated in Sangamon County.

Property profile

Verified
Property type Land
Lot 1.53 ac (66,647 SF)
UPID US28-3104743

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2710 Andrew Rd Sherman, IL 62684
Sherman metro
Google Maps

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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