525 Elm Pl, Princeton, IL 61356-1458
This exceptional commercial property, located at 525 Elm Place in Princeton, Illinois, presents a significant investment opportunity. Boasting a substantial 160,000 square feet of space, this property is ideally suited for a wide range of business ventures. Its prime location in Princeton offers excellent accessibility and visibility, ensuring high traffic and potential for strong customer engagement. The property sits on a lot with zero acres, making it a compact and efficient space. The asking price is $1,175,000, representing a compelling value for such a large and strategically positioned commercial asset. The property's size and location make it suitable for various business models, from warehousing and distribution to manufacturing or light industrial operations. Serious inquiries are encouraged to explore the full potential of this exceptional commercial real estate offering. The absence of acreage allows for focused development and efficient operations, minimizing land management concerns. This property presents a rare chance to acquire a significant commercial footprint in a thriving Illinois community. Its versatility and strategic location make it an attractive proposition for investors seeking substantial returns. Further details and potential uses can be discussed upon request. This is a turnkey opportunity for a business looking to establish or expand its operations in a prime location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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.