364 Il 250, Noble, IL 62868
This exceptional 55-acre industrial property in Noble, Illinois, presents a unique investment opportunity. The property features twelve buildings totaling 36,205 square feet, with a diverse range of structures suitable for various industrial uses. The buildings include a 630 square foot office, an 8,820 square foot milling building, a 2,520 square foot planer operation, an 880 square foot oil storage building, an 8,000 square foot metal frame warehouse with an insulated roof, a 726 square foot sawdust dump, a 900 square foot kiln, control room, and silo, a 1,089 square foot kiln room, a 3,840 square foot wood frame air dry room, a 3,200 square foot wood frame inspection building, a 1,600 square foot old kiln and control room, and a 4,000 square foot mechanic shop. The property boasts 18'-20' ceiling heights. The land encompasses 14.5 acres of rocked area and 40.5 acres of wooded land. The asking price is $1,150,000, translating to $31.76 per square foot. The property is zoned for agricultural use and has an APN of 09-14-400-014. Please note that the sawmill, kiln, and boiler are not included in the sale. This property is located at 364 E Il 250, Noble, IL 62868. The property was renovated in 2021.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
2 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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