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    Us Highway 6 La Salle, IL 61301

    Sponsored
    For Sale
    $588,000

    5.18 Acres, Industrial Zoning, Hwy 6 Frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 5.18-acre industrial land parcel in La Salle, Illinois, presents a prime opportunity for development. Located on E US Hwy 6, the property boasts significant roadway frontage, offering excellent visibility and accessibility. Zoned for industrial self-storage, the site is ideally suited for a variety of uses, including a planned 35,000 square foot self-storage facility. This facility will feature a mix of climate-controlled and non-climate-controlled units, along with enclosed and covered parking for executive boat and RV storage. The property also includes plans for contractor flex storage, catering to a diverse range of business needs. Conveniently located directly north of Celebrations 150 banquet and meeting facility, this site benefits from its proximity to established businesses and amenities. The land is annexed into the City of LaSalle, providing access to city water and sewer utilities. With a land value of $2.61 per square foot and an asking price of $588,000, this property represents a compelling investment opportunity in a thriving location. The 61301 zip code ensures easy access to major transportation routes and a strong local workforce. This is a rare chance to acquire a strategically located, ready-to-develop industrial site with significant potential for high returns.

    Property Features for 0 Us Highway 6

    General Information

    Property type
    Self storage facilities
    Lot Size
    225,641 SF

    HighLights

    • $588,000 asking price for 5.18 acres of industrial land.
    • Zoned for industrial self‑storage.
    • $2.61/SF land value.
    • Proposed 35,000 SF self‑storage facility with climate‑controlled and non‑climate‑controlled units.
    • Planned contractor flex storage and enclosed/covered parking for RVs and boats.
    • High roadway frontage; located near Celebrations 150 banquet facility; city water and sewer available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Map

    City
    La Salle
    County
    Lasalle
    State
    Illinois
    Longitude
    -89.021516924403
    Latitude
    41.360205715196

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    FAQs

    What type of property is this?
    Self storage facility - 5.18 Acres, Industrial Zoning, Hwy 6 Frontage
    Where is this self storage facility located?
    The property is located at Us Highway 6 La Salle, IL.
    What is the asking price?
    The asking price for this property is $588,000.
    What are key features of this property?
    This property features: $588,000 asking price for 5.18 acres of industrial land.; Zoned for industrial self-storage.; $2.61/SF land value.
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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
    Us Highway 6 La Salle, IL 61301
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