610 Ross LnDanville, IL 61834

  • Industrial properties
  • 17.60 AC
For Sale

Property Details for 610 Ross Ln

Lot size
17.60 AC
Property type
Industrial properties
Property subtype
Other industrial properties
APN
23-30-200-001
APU
2330200001

Description

This exceptional 17.6-acre industrial property in Danville, Illinois, presents a unique investment opportunity. The site boasts a 138,500-square-foot building, classified as Class C and constructed in 1950, offering ample space for various industrial uses. The property includes a 130,000-square-foot former fertilizer storage building, two 1-million-gallon fertilizer tanks, a 1,300-square-foot office, and a 7,200-square-foot workshop. Three rail lines run alongside the storage building, providing convenient and efficient transportation access, currently leased through January 2027. The property is zoned Commercial Industrial (APN: 23 30 200 001) and is situated less than two miles from Interstate 74's Tilton exit in Vermilion County, offering excellent access to major transportation routes. Nearby businesses include Lebanon Seaboard, R&L Carriers, XPO Freight, Toyota of Danville, and others, indicating a strong industrial presence in the area. The potential for a truck scale further enhances the property's functionality. This versatile property is ideal for manufacturing, warehousing, or distribution businesses seeking a strategic location with significant existing infrastructure. The property's size and features make it a rare find in the Danville market. The asking price is subject to offer.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $282,011,936
    Hospitality
    $258,321,408
    Educational
    $214,920,384
    Medical
    $222,311,824
    Retail
    $334,320,608
610 Ross Ln, Danville, Illinois

Location Insight

City
Danville
County
Vermilion
State
Illinois
Latitude
40.0853
Longitude
-87.6485
CBSA code
19180
CBSA name
DANVILLE, IL METROPOLITAN STATISTICAL AREA

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
$6,495
$11,212
$72,292
$83,504
-
$33,636
$216,876
$250,512

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