100 4Th StWapella, IL 61777

  • Commercial real estate
  • 2,000 SF
For Sale
$260,000 View listing

Property Details for 100 4Th St

Year built
2001
Construction
FRAME
Lot size
0.95 AC
Property size (Sq ft)
2,000 SF
Property type
Commercial real estate
APN
07-03-401-006
APU
703401006

Description

This 2.32-acre commercial land parcel in Wapella, Illinois (APN 0703401006), is strategically located on US Highway 51 between Bloomington and Decatur. Boasting high visibility with approximately 10,000 vehicles passing daily, this Fee Simple property presents exceptional potential for various commercial ventures. Zoned R2, it offers ample space for development, including 18 existing parking spaces. Previously a successful nursery/flower shop, this site benefits from its established location and high traffic counts. The city of Wapella is actively seeking new businesses, making this an attractive opportunity for both large corporations and smaller enterprises. The property's address is 100 S 4th St, Wapella, IL 61777. This prime location offers a unique chance to establish a thriving business in a desirable area with strong growth potential. Serious inquiries are encouraged.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $451,885
    Hospitality
    $413,924
    Educational
    $344,380
    Medical
    $356,224
    Retail
    $535,703

Location Insight

City
Wapella
County
De Witt
State
Illinois
Latitude
40.2172
Longitude
-88.9645

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,151
$5,225
$25,380
$30,605
-
$91,824
-
$91,824

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