525 Elm Pl Princeton, IL 61356
- Commercial land
- 4.50 lot acres
Current Use by Public Records
- Commercial land
Property Details for 525 Elm Pl
- Lot size
- 4.50 lot acres
- Property type
- Commercial land
- APN
- 16-09-252-001
- APU
- 1609252001
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Princeton
- County
- Bureau
- State
- Illinois
- Longitude
- -89.4578
- Latitude
- 41.3874
- CBSA code
- 36837
- CBSA name
- OTTAWA, IL MICROPOLITAN STATISTICAL AREA