300 Cummings LnWashington, IL 61571

Property Details for 300 Cummings Ln

Year built

1996

Lot size

9.67 AC

Property size (Sq ft)

50,840 SF

Property type

Flex space

APN

02-02-16-400-024

APU

20216400024

Description

This exceptional 9.67-acre vacant parcel presents a unique investment opportunity in Washington, Illinois. Boasting highly desirable I-1 industrial zoning, this flat, buildable land is ideally situated for immediate development. Its prime location at the planned intersection of the Freedom Parkway extension (currently ending near Walmart and Menards, with future extension to Cummings Lane) offers unparalleled access and visibility. The property is surrounded by a thriving mix of industrial businesses, retail establishments, medical facilities, and hotels, ensuring a strong and diverse surrounding community. This presents a rare chance to capitalize on the growth potential of this strategically located site. The property's flat terrain simplifies construction, minimizing site preparation costs and accelerating project timelines. The existing infrastructure and proximity to established businesses make this an attractive proposition for a wide range of commercial and industrial ventures. This is a truly exceptional opportunity to acquire a significant land holding in a rapidly developing area. The I-1 zoning allows for a variety of uses, providing flexibility for future development plans. Don't miss this chance to secure a prime piece of real estate in a high-growth sector of Washington, IL. The asking price is $1,000,000.

• Alternative Use

  Use

  Valuation

  Residential

  $10,507,301

  Hospitality

  $9,624,631

  Educational

  $8,007,580

  Medical

  $8,282,973

  Retail

  $12,456,236

Location Insight

City

Washington

County

Tazewell

State

Illinois

Latitude

40.708

Longitude

-89.448

CBSA code

37900

CBSA name

PEORIA, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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