For Sale
$2,453,500

Arbor Dr Decatur, IL 62526

Prime Illinois land, diverse development potential.

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 71-acre property in Decatur, Illinois, presents a remarkable investment opportunity. Located in Macon County, with the address of W Arbor Dr, zip code 62526, and APN 0728200032, this expansive land parcel is zoned A-1 and offers a multitude of development possibilities. Its strategic location near Interstate-72 and the Warrensburg School District provides excellent accessibility and desirability. The property is situated adjacent to City of Decatur parcels and amenities, offering convenient access to existing infrastructure. The land is suitable for a variety of uses, including commercial, residential, multi-family developments, or even a horse/cattle ranch. Adding to its versatility, the property is divisible, allowing for flexible development plans to suit various needs and budgets. An additional 8.59 acres to the south (APN 07-07-28-200-036) are also available for purchase. Furthermore, the property has the potential to be annexed into the City of Decatur, providing access to city water and sewer services. The asking price is $2,453,500, translating to $35,000 per acre. This represents a compelling opportunity for investors seeking a prime location with significant development potential and a motivated seller. Farm ground lease options are available. The property is held under a Direct Purchase ownership structure.

Highlights

  • Highly motivated seller.
  • Property is divisible.
  • Located in a desirable school district.
  • Excellent interstate access.
  • Offers mixed-use development potential (residential, commercial, multi-family).
  • Potential for annexation into the City of Decatur and utility connection.

Property Details for 0 Arbor Dr

Property type
Land, Farms
Lot Size (sq. ft)
3,092,760 SF

Location Insight

City
Decatur
County
Macon
State
Illinois
Latitude
39.905274414091
Longitude
-88.979438858831

FAQs

What type of property is this?
Land - Prime Illinois land, diverse development potential.
Where is the land located?
The property is located at Arbor Dr Decatur, IL.
What is the asking price?
The asking price for this property is $2,453,500.
What are key features of this property?
This property features: Highly motivated seller.; Property is divisible.; Located in a desirable school district.
How can I contact the broker?
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0 Arbor Dr
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