For Sale
$1,200,000

16 Us 51 & Rte Pana, IL 62557

11-Acre C-2 Zoned Development Site, High Traffic

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 11.41-acre commercial land parcel, located at the high-traffic intersection of US 51 and Route 16 in Pana, Illinois (APN: 11-25-23-200-010-0), presents a unique development opportunity. The property boasts a C-2 zoning designation, allowing for a wide range of commercial uses. Its strategic location offers excellent visibility and accessibility, with an impressive average daily traffic count of 6,900 vehicles. All utilities are conveniently located nearby, simplifying infrastructure development. The asking price is $1,200,000, translating to approximately $105,170 per acre. The seller is willing to consider dividing the parcel to accommodate various development needs. This prime location in Christian County, Illinois (zip code 62557), offers significant potential for investors seeking a high-return commercial venture. The property's size and zoning make it ideal for a variety of commercial projects, capitalizing on the high traffic volume and convenient access. Don't miss this chance to acquire a highly desirable commercial land site in a thriving area.

Highlights

  • 11.41-acre C2-zoned development site.
  • Divisible parcel.
  • All utilities readily available.
  • 6,900 average daily traffic count (ADT).
  • $2.41 per square foot sale price.

Property Details for 16 Us 51 & Rte

Property type
Land
Lot Size (sq. ft)
479,160 SF

Location Insight

City
Pana
County
Christian
State
Illinois
Latitude
39.3901644
Longitude
-89.0800405

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FAQs

What type of property is this?
Land - 11-Acre C-2 Zoned Development Site, High Traffic
Where is the land located?
The property is located at 16 Us 51 & Rte Pana, IL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 11.41-acre C2-zoned development site.; Divisible parcel.; All utilities readily available.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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Contacts

Steve Zuber, CCIM, SIOR
Steve Zuber, CCIM, SIOR
Visit Broker Website

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Useful Information

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Us 51 & Rte
Pana, IL 62557

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Pana, IL 62557

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

16 Us 51 & Rte
  • Steve Zuber, CCIM, SIOR
    Steve Zuber, CCIM, SIOR
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