3471 Un Dr, Olney, IL 62450-5142
This exceptional commercial property in Olney, Illinois, presents a significant investment opportunity. Situated on over 10.03 acres of fenced land, the property boasts a substantial 99,000 square foot steel-frame building, offering a versatile blend of warehouse and office space. The expansive warehouse area features impressive ceiling heights ranging from 25 to 30 feet, providing ample vertical storage capacity. Efficient operations are facilitated by the inclusion of six dock doors, ensuring seamless loading and unloading. Maintaining a comfortable interior environment year-round is made easy with the installed hanging heaters. Ample parking is available on-site, accommodating both employees and visitors. The property's substantial size and versatile layout make it ideal for a wide range of commercial uses, from distribution and logistics to manufacturing and storage. The combination of generous acreage, substantial building size, and practical features makes this property a rare find in the Olney market. Its strategic location offers excellent accessibility and visibility, further enhancing its appeal to discerning investors and businesses seeking a prime location for their operations. This property is ready for immediate occupancy and presents a unique opportunity to acquire a significant commercial asset in a thriving community. The 10+ acres of fenced land provide ample room for expansion or future development.
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
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.