839 Vermont St

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839 Vermont St

Quincy, IL 62301
Asking Price
$335K
Asset Type
Land
Class
Class B

AI Property Summary

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

  • Parcel encompasses approximately 0.93 acres of land for development.
  • Property is listed for sale at a price of $335,000.
  • Site is positioned within the established market of Quincy, Illinois.
  • Located at 839 Vermont St with coordinates 39.9347, -91.4019.
  • The regional economy supports diverse commercial and industrial business operations.

What's Special

This 0.93-acre parcel of land sits at 839 Vermont St in Quincy, Illinois. The site occupies a strategic position within the city, which serves as a regional hub for commerce and industry along the Mississippi River. Quincy maintains a stable economic environment characterized by its manufacturing roots and growing healthcare sector, making it a functional area for various types of development. Given the dimensions of this land, it represents a flexible acquisition for an investor or developer looking to capitalize on a midwestern market with consistent demand for commercial or specialized land use. Its positioning allows for straightforward accessibility within the local infrastructure, supporting projects that require proximity to established city services and transit routes. Buyers can evaluate this parcel for its potential to accommodate specific commercial requirements or site-specific construction plans within the 62301 zip code.

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NOI
$80,000
Cap Rate
23.88%
DSCR
4.02
Strong
Cash-on-Cash
59.81%
Monthly Payment
$1,657.397
Annual Cash Flow
$60,111.233

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