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    OFF-MARKET
    Commercial land

    343 Home Blvd, Galesburg, IL 61401-7404

    0.69 ac lot
    Entity Owned 2-yr Hold Free & Clear
    Property ID
    US28-2953145
    Property summary
    AI-generated overview

    This exceptional 1.5-acre commercial land parcel presents a rare opportunity in Galesburg, Illinois. Located at 343 Home Boulevard, this property boasts unparalleled visibility due to its position in a high-traffic area, experiencing a combined daily traffic count exceeding 10,000 vehicles. This significant traffic volume ensures maximum exposure for any business established on this site. The asking price of $225,000 represents a highly competitive value for a property of this size and location. An ALTA survey is readily available, providing comprehensive details regarding the property's boundaries and utility access. This detailed survey eliminates uncertainty and streamlines the due diligence process for potential buyers. The expansive acreage offers significant flexibility in terms of development and building plans, making it suitable for a wide range of commercial ventures. This is a truly exceptional opportunity to secure a prime commercial location in a thriving area, offering substantial potential for growth and return on investment. Don't miss this chance to acquire a piece of Galesburg's commercial landscape. Act quickly, as this property is expected to generate significant interest.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 0.69 ac (30,056 SF)
    APN 99-03-151-011
    UPID US28-2953145
    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
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Robinson Real Estate Easement Co Ll · 2 yrs held
    Robinson Real Estate Easement Co Ll
    since 2024
    Last sale
    $300,000
    5 recorded transactions
    2024
    2024
    $300,000
    2021
    $166,000
    2008
    2008
    $260,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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