450 Pershing RdDecatur, IL 62526

Property Details for 450 Pershing Rd

Lot size

0.72 AC

Zone code

MUNICIPAL

Property type

Commercial land

APN

07-07-35-351-016

APU

70735351016

Description

This exceptional 0.73-acre commercial land parcel presents a unique investment opportunity in Decatur, Illinois. Located at the intersection of East Pershing Road and North Martin Luther King Drive, this property boasts unparalleled visibility and accessibility, situated in a high-traffic area anchored by a newly constructed Aldi store (built in 2018). The property's strategic location is further enhanced by its proximity to a variety of established national retailers, including Kroger, Dunkin’ Donuts, Circle K, Culver’s, and McDonald's, ensuring consistent foot traffic and strong brand recognition. The parcel is identified by APN 07-07-35-351-007 and is offered at an asking price of $650,000. This prime location offers significant potential for a variety of commercial developments, making it an ideal investment for discerning buyers seeking a high-return opportunity in a thriving retail environment. The property's size and location make it suitable for a range of commercial uses, capitalizing on the existing synergy of successful businesses in the immediate vicinity. This is a rare opportunity to acquire a highly visible and strategically located commercial land parcel in a strong retail corridor.

• Alternative Use

  Use

  Valuation

  Residential

  $9,604,357

  Hospitality

  $8,797,539

  Educational

  $7,319,450

  Medical

  $7,571,176

  Retail

  $11,385,810

Location Insight

City

Decatur

County

Macon

State

Illinois

Latitude

39.8773

Longitude

-88.9518

CBSA code

19500

CBSA name

DECATUR, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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