For Sale
Call for price

Hwy 40 & Commerce Ln Highland, IL 62249

Prime Industrial & Commercial Land

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional offering presents a unique opportunity to acquire shovel-ready land parcels in Highland, Illinois, ideally situated near major transportation arteries and amenities. The property encompasses a total of 1,131,253 square feet across various lot sizes ranging from 0.8 to 26 acres. Underground utilities, roads, and water detention are already in place, significantly reducing development time and costs. The land is zoned for industrial use, allowing for a diverse range of development possibilities, including office, flex/warehousing/distribution, retail, and service centers. Strategic location offers easy access to St. Joseph's Hospital (1.5 miles) and Interstate 70 (5.5 miles). Build-to-suit and leaseback options are available. Pricing varies by lot size, ranging from $1.90 to $5.95 per square foot. Specific lot sizes and pricing are as follows: Lots 1-4 (17 acres, $1.90/sf), Lots 5-6 (4.9 acres, $5.95/sf), Lots 8-9 (2.47 acres, $4.50/sf), Lot 10 (0.8 acres, $3.00/sf), and Lot 11 (0.8 acres, $3.00/sf). The property is vacant and ready for immediate development. This is an unparalleled opportunity for investors and developers seeking a prime location with significant upside potential. The APN is 01-1-24-06-00-000-004.001. The property is held under single ownership.

Highlights

  • 17 acres (Lots 1-4) available at $1.90 per square foot.
  • 4.9 acres (Lots 5-6) priced at $5.95 per square foot.
  • 2.47 acres (Lots 8-9) offered at $4.50 per square foot.
  • 0.8-acre lot (Lot 10) for sale at $3.00 per square foot.
  • 0.8-acre lot (Lot 11) priced at $3.00 per square foot.

Property Details for 0 Hwy 40 & Commerce Ln

Property type
Mixed-use properties, Land
Square Feet
1,131,253 SF
Lot Size (sq. ft)
34,848 SF

Location Insight

City
Highland
County
Madison
State
Illinois
Latitude
38.7420223
Longitude
-89.6919925
Hwy 40 & Commerce Ln, Highland, Illinois

FAQs

What type of property is this?
Mixed-use property - Prime Industrial & Commercial Land
Where is the mixed-use property located?
The property is located at Hwy 40 & Commerce Ln Highland, IL.
What are key features of this property?
This property features: 17 acres (Lots 1-4) available at $1.90 per square foot.; 4.9 acres (Lots 5-6) priced at $5.95 per square foot.; 2.47 acres (Lots 8-9) offered at $4.50 per square foot.
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.
How do I access a private listing?
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0 Hwy 40 & Commerce Ln
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