Property profile

525 Elm Pl Princeton, IL 61356

OFF-MARKET
Commercial land
Property ID
US28-4062646
4.5 ac lot
Entity Owned 20-yr Hold Free & Clear
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 4.5 ac (196,020 SF)
APN 16-09-252-001
UPID US28-4062646

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

525 Elm Pl Princeton, IL 61356-1458
Princeton metro Census 965300 OTTAWA, IL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2006
1 recorded transaction
2006
$150,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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