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    OFF-MARKET
    Commercial real estate

    27416 135Th Ave, Cordova, IL 61242

    83,200 SF 15 ac lot Built 1983
    Entity Owned 2-yr Hold
    Property ID
    US28-0961929
    Property summary
    AI-generated overview

    This exceptional commercial property, located in Cordova, IL, just 25 minutes from the Quad Cities, presents a significant investment opportunity. Boasting a total estimated area of 86,000 square feet across multiple buildings, this 15-acre site offers unparalleled versatility. The property includes two primary buildings at the front, totaling 33,000 square feet, conveniently connected by a roll-up garage door. These buildings, along with the additional structures, feature robust construction with concrete floors and steel beam framing, ensuring durability and longevity. The rear portion of the property comprises a substantial workshop area, complete with five roll-up doors, a dedicated mechanics shop, an office, and a full wash bay – ideal for a variety of industrial or commercial uses. High-speed fiber internet is already installed, providing seamless connectivity for modern business operations. Adding to the property's appeal is the inclusion of a single-family home, offering potential for on-site management or additional income generation. The property's substantial size, diverse building configurations, and prime location near the Quad Cities make it an attractive prospect for businesses seeking ample space and convenient access to a major metropolitan area. The asking price is $1,500,000.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1983
    Total area 83,200 SF
    Lot 15 ac (653,400 SF)
    UPID US28-0961929
    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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    by Request
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    Blend (final) Blend
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    Owner & transaction history
    Land Services INC · 2 yrs held
    Land Services INC
    since 2024
    1 recorded transaction
    2024
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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