343 Home Blvd, Galesburg, IL 61401-7404
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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.