672 US Highway 52 - Warehouse FOR SALE


Amboy, IL 61310
$530,000 USD
217-202-0924
672 US Highway 52, Amboy, IL for Sale
$530,000 USD
Warehouse - FOR SALE
1/12
null | 4.53% Cap Rate

NEW


672 US Highway 52
Amboy, IL 61310


HIGHLIGHTS

  • Newly constructed in 2023!
  • Located on State Hwy 52!
  • Close proximity to 6,000 site RV Park.
  • Room for expansion!

OVERVIEW

Route 52 Self-Storage is located just south of Amboy, IL on US Hwy 52. The property has 2.96 acres. The facility currently consists of two buildings, (1) 40' x 140' and (1) 40' x 180'. There are currently 68 units in total with 12,800 rentable square feet. The facility was constructed in 2023 This is a non-climate controlled facility. Drive up friendly. No high docks. No fence but the facility utilizes security cameras and 37 solar lights. The facility sits on 2.96 acres and the current owner estimates that there is enough land to build an additional 18,000 square feet of storage! The facility was completed in 2023 and is 65% occupied. Rates are below market and could be raised. With the exception of the 10'x10' units all of the units are under $.40/sq ft. Opportunity to increase marketing with website, Google business page, Facebook, and other online storage sites. Although Amboy is a smaller farming community it has additional sources of renters close by. This facility is approximately three miles away from Woodhaven Lakes RV Park in Sublette, IL. Woodhaven is one of the largest RV parks in the country with over 6,000 sites! Woodhaven serves as a weekend or summer home for thousands of Chicagoland residents. This facility is in a terrific location to capitalize on these commuting campers!

FOR SALE DETAILS

PRICE

$530,000 USD

PRICE/SF

$41 USD /SF

CAP RATE

4.53%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

UTILITIES

-

CLEAR CEILING HT

8 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.96

LAND SF

128,938

ZONING

Ag

APN/PARCEL ID

02-15-36-200-016

ASK ABOUT THIS PROPERTY

Jon FisherMr. LandmanMore Info
217-202-0924

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Jon FisherMr. LandmanMore Info
217-202-0924

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.