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Property profile & analytics
OFF-MARKET
Commercial real estate

2710 Andrew Rd Sherman, IL 62684

1.53 ac lot
Property ID
US28-3104743
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 Commercial real estate
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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