County Road 850 N Road

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County Road 850 N Road

Casey, IL 62420
Asking Price
Contact for price
Asset Type
Land
Class
Class B

AI Property Summary

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

  • The property covers a total area of 18 acres.
  • Located on County Road 850 N in Casey, Illinois.
  • The site is positioned at coordinates 39.2982, -88.0254.
  • This asset is currently available for purchase as raw land.
  • The land offers flexible potential for varied development use cases.

What's Special

Spanning 18 acres, this parcel of land is situated along County Road 850 N in Casey, Illinois. This acreage provides substantial space for various development projects or private usage within a region characterized by its rural setting and regional agricultural focus. Its accessibility and footprint allow for potential industrial, agricultural, or expansive residential development strategies. Casey serves as a quiet municipality in Clark County, positioned within a landscape that supports logistics and primary land use initiatives. Investors and business operators looking to establish a footprint in this part of Illinois will find this acreage provides a blank canvas for custom infrastructure. The surrounding area benefits from established road networks, facilitating access to neighboring commerce centers and essential transport routes. This site remains a practical candidate for entities seeking significant land holdings in a growing suburban and rural market within the greater metro area.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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