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Free-Standing Industrial Building
For Sale
$1,050,000

934 Paramount Pkwy, Batavia, IL 60510

Freestanding industrial building featuring one dock and one drive-in door.

Property Size9,900 SF
Days on Market74

Property Features for 934 Paramount Pkwy

General Information

Standard status Active
Size 9,900 SF
Property subtype Industrial - Manufacturing

Warehouse & Industrial

Dock-High Doors 1
Drive-In Doors 1

Building Details

Building Size 9,900 SF
Year Built 1987
Units 1
Listing Agency: Brown Commercial Group
Listed By: Luke Dummitt
Source: Commercialcafe
Added: Jul 24 Changed: Sep 23 Last Checked: Oct 4 at 7:04AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Brown Commercial Group

Investment Insights

Based on property information with market context.

This free-standing industrial building includes one dock and one drive-in door, providing practical flexibility for loading and receiving. The property is offered for sale.

The building is located at 934 Paramount Pkwy in Batavia, Illinois.

With a straightforward loading configuration and a freestanding setup, the site is designed for tenants seeking direct industrial access.

Key Highlights

  • Freestanding industrial building
  • 1 dock
  • 1 drive‑in door

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$51,748
Cap Rate
4.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,034,960 $1.0M
Cap Rate 7%
$739,257 $739.3K
Cap Rate 9%
$574,978 $575.0K
Market Conditions
NOI Build-Up for 9,900 SF
Gross rent
$64.2K $6.48/SF
− Vacancy
−$3.3K −$0.33/SF
EGI
$60.9K $6.15/SF
− OpEx
−$9.1K −$0.92/SF
NOI
$51.7K $5.23/SF
Area
Kane County, IL
Vacancy
5.10%
Lease Rate
$6.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,034,960
Cap Rate 7%
$739,257
Cap Rate 9%
$574,978

Alternative Uses

Best Use
Warehouse
$739.3K
$646.9K – $862.5K (±1% cap)
NOI $51,748 @ 7.0% cap · market cap 4.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.42M
$2.99M – $3.99M (±1% cap)
NOI $239,261 @ 7.0% cap · market cap 22.79%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Apple Graphics Inc. (Bike/Boat/Book/etc) Store TV Access Marketing & Advertising FMC Media Services Photography Service Film Comm Inc (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Locksmith (Bike/Boat/Book/etc) Store Bakery Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Dock-high doors
1
Drive-in doors

Location Intelligence

Trade Area within ½ mile

314
Businesses Nearby
Well-served
Demand for This Use

Demographics for 60510, IL

28,156
Population
11,234
Households
2.5
Avg Household Size
42
Median Age
56%
College-Educated
97%
High-School Grad
24.4 sq mi
ZIP Area
1,154
Density / Sq Mi
$120,925
Median Household Income
$57,884
Median Earnings
$1,285
Median Rent
$363,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Similar Off Market Nearby

  • Life Storage — 500 N Kirk Rd, Batavia, IL 60510
  • Jordan's Moving Experts, Inc — 1837 Suncast Ln, Batavia, IL 60510

Frequently Asked Questions

What type of property is this?
Warehouse - Freestanding industrial building featuring one dock and one drive-in door.
Where is this warehouse located?
The property is located at 934 Paramount Pkwy Batavia, IL.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Freestanding industrial building; 1 dock; 1 drive‑in door
More about this property
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