TBD Akin Blacktop

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TBD Akin Blacktop

Benton, IL 62812
Asking Price
$212K
Asset Type
Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Large 20-acre land tract available for immediate acquisition in Benton
  • Located with frontage along the established Akin Blacktop corridor
  • Property presents significant potential for diverse land development projects
  • Priced at 212000 dollars for the entire 20-acre land parcel
  • Positioned within the active Franklin County commercial real estate submarket

What's Special

Development of this 20-acre parcel in Benton, Illinois, presents a strategic expansion path for those seeking land in a growing Southern Illinois market. Positioned along Akin Blacktop, the acreage provides sufficient space for agricultural use, recreational development, or potential residential site planning. The local submarket benefits from its regional connectivity and the steady economic activity characteristic of Franklin County. Investors and developers will find the substantial scale of the property accommodating for a variety of long-term projects requiring significant land coverage. The tract is currently offered for sale and remains a viable candidate for various commercial or private land-use strategies within this established Illinois corridor.

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NOI
$80,000
Cap Rate
37.74%
DSCR
6.36
Strong
Cash-on-Cash
106.00%
Monthly Payment
$1,048.86
Annual Cash Flow
$67,413.676

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