655 Pershing RdDecatur, IL 62526

Property Details for 655 Pershing Rd

Lot size

1.67 AC

Zone code

MUNICIPAL

Property type

Commercial real estate

APN

04-12-02-126-026

APU

41202126026

Description

This exceptional 5.83-acre commercial land parcel presents a unique investment opportunity in Decatur, Illinois. Strategically located on the south side of Pershing Road, the property boasts an impressive average daily traffic count of 20,500 vehicles. The site's prime location offers immediate access to a high volume of potential customers. Currently, the property features existing food and retail establishments along the Pershing Road frontage, providing a strong foundation for future development. Its proximity to the established Brentwood Village Shopping Center, a thriving Kroger-anchored strip mall with over 20 stores including national retailers such as TJ Maxx, Aldi's, and Planet Fitness, further enhances its desirability. The property's convenient location is also bolstered by its close proximity to the Pershing/Business 51 (N Water St) interchange, ensuring excellent accessibility and visibility. This makes it an ideal location for a variety of commercial ventures, offering significant potential for growth and return on investment. The property's size and location make it suitable for a range of development projects, from expanding existing businesses to creating entirely new commercial spaces. This is a rare opportunity to acquire a substantial commercial land parcel in a high-demand area with excellent infrastructure and strong surrounding retail presence. Serious inquiries are encouraged.

• Alternative Use

  Use

  Valuation

  Residential

  $22,276,852

  Hospitality

  $20,405,478

  Educational

  $16,977,118

  Medical

  $17,560,986

  Retail

  $26,408,850

Location Insight

City

Decatur

County

Macon

State

Illinois

Latitude

39.8764

Longitude

-88.9488

CBSA code

19500

CBSA name

DECATUR, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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