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Property profile & analytics
OFF-MARKET
Commercial land

2806 Andrew Rd Sherman, IL 62684-9517

1.7 ac lot
Entity Owned 7-yr Hold Absentee Owner Free & Clear
Property ID
US28-2854369
Property summary
AI-generated overview

This exceptional 3.64-acre commercial lot, located at 2806 E Andrew Rd in Sherman, Illinois (zip code 62684), presents a unique investment opportunity. The property features a small existing building totaling 4 square feet, offering flexibility for immediate use or potential redevelopment. The single-tenant structure sits on a spacious lot, providing ample room for expansion or future development. Situated in Sangamon County, this location benefits from a vibrant community atmosphere with convenient access to local amenities. Nearby attractions include the Sherman Village Hall, providing easy access to government services, and various dining establishments such as JJ's Pub. For recreational activities, Veterans Memorial Park and Sackett's Turkey Creek Nature Preserve offer nearby tranquil escapes. This strategic location perfectly blends business and leisure, making it an attractive proposition for businesses seeking a comfortable and accessible setting. The property's size and location make it suitable for a variety of commercial uses, offering significant potential for growth and return on investment. The property is zoned for commercial use. Further details on zoning and potential uses are available upon request.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.7 ac (74,052 SF)
APN 06-25.0-426-001
UPID US28-2854369
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
Current use
Occupant on record · Public records
  • HSHS Medical Group Family Medicine - Sherman Pediatrician Physician
  • Nichole Brockmeyer, FNP-C Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Cehog I LLC · 7 yrs held
Cehog I LLC
since 2018
2 recorded transactions
2024
Price N/A
2018
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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