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    5 Apex Dr Highland, IL 62249

    For Sale
    $129,900

    0.35-acre lot, build-to-suit option.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 0.35-acre commercial lot, situated in the thriving Apex Professional Park in Highland, Illinois, presents a unique build-to-suit opportunity. Located at 5 Apex & 20-25 Apex Dr, this property (APN 02-2-18-32-02-202-025/028/029) is zoned C-3 and offers significant potential for development. The lot measures approximately 120 feet by 155 feet. Its prime location is less than half a mile from the new $63 million St. Joseph's Hospital, ensuring high visibility and accessibility. The property benefits from a high average daily traffic count of nearly 10,000 vehicles. Build-to-suit options are available, starting at $18.00 per square foot, with a triple net (NNN) lease structure. The landlord is willing to negotiate improvements, and ample signage opportunities exist both on the building and within the park itself. This is an ideal location for businesses seeking high visibility and proximity to a major medical facility. The asking price for this exceptional lot is $129,900. Don't miss this chance to establish your business in a rapidly growing area.

    Property Features for 5 Apex Dr

    General Information

    Property type
    Land
    Lot Size
    15,246 SF

    HighLights

    • 0.35‑acre commercial lot in Apex Professional Park, Highland, IL.
    • Located at 5 & 20‑25 Apex Dr (APN 02‑2‑18‑32‑02‑202‑025/028/029), C‑3 zoning.
    • Approximately 120' x 155' lot, less than 0.5 miles from new St. Joseph's Hospital.
    • High visibility, ~10,000 ADT.
    • Build‑to‑suit options available from $18/SF, NNN lease, landlord will negotiate improvements, ample signage.
    • Asking price: $129,900.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Highland
    County
    Madison
    State
    Illinois
    Longitude
    -89.6728761
    Latitude
    38.7513833

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    FAQs

    What type of property is this?
    Land - 0.35-acre lot, build-to-suit option.
    Where is this land located?
    The property is located at 5 Apex Dr Highland, IL.
    What is the asking price?
    The asking price for this property is $129,900.
    What are key features of this property?
    This property features: 0.35-acre commercial lot in Apex Professional Park, Highland, IL.; Located at 5 & 20-25 Apex Dr (APN 02-2-18-32-02-202-025/028/029), C-3 zoning.; Approximately 120' x 155' lot, less than 0.5 miles from new St. Joseph's Hospital.
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    5 Apex Dr Highland, IL 62249
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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
    5 Apex Dr Highland, IL 62249
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