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Property profile & analytics
OFF-MARKET
Grocery and convenience stores

372 Vincennes Trl Pekin, IN 47165-8690

1,708 SF 1.07 ac lot Built 1983
Individually Owned Absentee Owner Free & Clear
Property ID
US31-1906266
Property summary
AI-generated overview

This exceptional 1,708 square foot retail property, located at 372 W Vincennes Trail in Pekin, Indiana, presents a unique investment opportunity. Situated on a 1.07-acre lot, this property boasts an impressive 180 feet of frontage along Highway 135, ensuring high visibility and accessibility for potential customers. The building previously operated as a gas station, featuring a bathroom with a stall and sink, and an exhaust system in the kitchen area. While the building currently lacks heating and air conditioning, it is fully equipped with electric service. Importantly, all underground storage tanks (8,000-gallon, 6,000-gallon, 1,000-gallon off-road, 1,000-gallon on-road, and 1,000-gallon kerosene tanks) have been professionally removed, eliminating environmental concerns and paving the way for a variety of commercial uses. The strategic location and ample road frontage make this property ideal for a diverse range of businesses seeking high traffic exposure. This is a rare opportunity to acquire a well-positioned commercial property with significant development potential in a growing area. The asking price is $149,900. Don't miss this chance to secure a prime retail location with excellent highway visibility.

Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1983
Construction WOOD
Total area 1,708 SF
Lot 1.07 ac (46,696 SF)
APN 88-14-29-000-010.001-013
UPID US31-1906266
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
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Lee Jimmy
Lee Jimmy
since 2026
1 recorded transaction
2026
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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