3404 Mound Rd, Decatur, IL 62521
This exceptional 58.13-acre development site in Decatur, Illinois, presents a unique opportunity for industrial or warehouse construction. Located at 3404 E Mound Rd, this property boasts prime frontage on Route 48 and Mound Road, offering excellent visibility and accessibility. Zoned M-1 by the City of Decatur, the land is situated within the Macon County Enterprise Zone, providing potential tax incentives. Enjoy convenient access to Interstate-72, just 1.5 miles away, ensuring seamless regional connectivity. A significant advantage is the property's western border, which adjoins privately owned rail with direct access to the Midwest Inland Port, a major intermodal facility. This strategic location provides access to Norfolk Southern, Canadian National, DCC, and DREI rail services, connecting to all North American rail networks. The property's APN is 18-08-30-376-007, ~008. The asking price is $1,999,999. This is a rare opportunity to acquire a large, strategically located parcel of land with exceptional infrastructure access.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.