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    12736 Walter Payton Memorial Hwy Plano, IL 60545

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    For Sale
    Contact for pricing

    5-Acre Commercial Lot, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 5-acre commercial land parcel presents a unique investment opportunity in Plano, Illinois. Located at 12736 Walter Payton Memorial Highway, this strategically positioned site boasts high visibility from Route 34, with over 15,000 vehicles passing daily. The property is zoned for General Commercial use, providing flexibility for a variety of development options. Its prime location is poised to benefit from the planned addition of nearby multifamily apartments, a smaller grocery store, and quick-service restaurants, creating a dynamic mixed-use environment. This synergy is expected to attract a significant number of local residents and commuters, ensuring a vibrant and thriving commercial destination. The site's accessibility and high traffic count make it ideal for businesses seeking maximum exposure and convenient access for customers. Utilities are already available on-site, simplifying the development process and reducing upfront costs. This is a rare chance to acquire a well-located, ready-to-develop commercial property in a rapidly growing area. The property's size and zoning offer significant potential for a variety of commercial ventures, making it an attractive investment for both developers and businesses seeking a strong foothold in the thriving Plano market. Don't miss this opportunity to secure a prime piece of commercial real estate in Kendall County, Illinois.

    Property Features for 12736 Walter Payton Memorial Hwy

    General Information

    Property type
    Land
    Lot Size
    217,800 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Plano
    County
    Kendall
    State
    Illinois
    Longitude
    -88.5042479
    Latitude
    41.6627173

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    FAQs

    What type of property is this?
    Land - 5-Acre Commercial Lot, High Visibility
    Where is this land located?
    The property is located at 12736 Walter Payton Memorial Hwy Plano, IL.
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    Plano, IL 60545
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12736 Walter Payton Memorial Hwy Plano, IL 60545
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