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3231 E Main St
Danville, IL 61834
Land For Sale
·
90.38 AC
INVESTMENT HIGHLIGHTS
- 90 Acre Site
- 1.6 mile track
- 2 Miles to I-74
- Direct Access to CSX line
EXECUTIVE SUMMARY
Coldwell Banker Commercial Devonshire Realty (CBCDR) is proud to offer for sale this railway loop track for sale in north Danville IL. This 90 acre site is assembled and ready for its next user. This almost 1.6 mile loop track was last used to load/unload coal, however would be ideal for grain or other goods coming in via rail. The loop is directly serviced by CSX as well as the Vermilion Valley Railway (VVR) (Short line rail that runs to Covington, IN). Loop tracks allow for cargo to be loaded as the train continues to move without having to detach cars and remain stationary which would be common in traditional ladder tracks increasing efficiency. The increased efficiency is not only met in the continuous motion, but also in downtime for crew. Another advantage in the winter months would be time savings from decoupling and losing air pressure in the cold.
Area Description
The property is conveniently located off US Hwy 136/E. Main St. just west of Lynch Rd (last Exit on the east side of IL via I-74). The property is located under 2 miles from Interstate I-74 and is 43 miles east of Champaign IL via I-74, 54 miles north of Terre Haute IN via IN-63, 84 miles northwest of Indianapolis IN via I-74, and 140 miles south of Chicago IL via US-41/I-57.
PROPERTY FACTS
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 90.38 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Industrial | ||
| Zoning | I2 - General Industrial | ||
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Proposed Use | |
| Total Lot Size | 90.38 AC |
| Opportunity Zone |
Yes |
| Zoning | I2 - General Industrial |
1 LOT AVAILABLE
Lot
| Lot Size | 90.38 AC |
| Lot Size | 90.38 AC |
DESCRIPTION
Coldwell Banker Commercial Devonshire Realty (CBCDR) is proud to offer for sale this railway loop track for sale in north Danville IL. This 90 acre site is assembled and ready for its next user. This almost 1.6 mile loop track was last used to load/unload coal, however would be ideal for grain or other goods coming in via rail. The loop is directly serviced by CSX as well as the Vermilion Valley Railway (VVR) (Short line rail that runs to Covington, IN). Loop tracks allow for cargo to be loaded as the train continues to move without having to detach cars and remain stationary which would be common in traditional ladder tracks increasing efficiency. The increased efficiency is not only met in the continuous motion, but also in downtime for crew. Another advantage in the winter months would be time savings from decoupling and losing air pressure in the cold.
