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    4248 Meridian Pkwy Aurora, IL 60504

    Sponsored
    For Lease
    $9 SF/Yr ($17,001 /Mo)

    Versatile Aurora industrial space, divisible units.

    Lot size:
    21,476 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This Aurora, Illinois property at 4248 Meridian Pkwy offers a flexible industrial space ideal for various uses, including executive, medical, or creative offices

    Property Features for 4248 Meridian Pkwy

    General Information

    Property type
    Life science properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    21,476 SF
    Total Rate
    17001.83

    Unit(s) available at that property

    Space
    4248 Meridian Pkwy - Suite 100
    Size
    21,476 SF
    Rate per SF
    $9

    HighLights

    • M1‑zoned manufacturing space available.
    • Up to 21,476 square feet available, divisible to 3,991 square feet.
    • 13‑foot clear height.
    • Three 12' x 12' drive‑in doors/docks.
    • 1200‑amp, 3‑phase power; fully air‑conditioned.
    • Up to four parking spaces per 1,000 square feet leased.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dyson Inc Corporate Office

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Building Supply Spa & Massage 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
    Aurora
    County
    Kane
    State
    Illinois
    Longitude
    -88.2171401
    Latitude
    41.7736822

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    FAQs

    What type of property is this?
    Life science property - Versatile Aurora industrial space, divisible units.
    Where is this life science property located?
    The property is located at 4248 Meridian Pkwy Aurora, IL.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: M1-zoned manufacturing space available.; Up to 21,476 square feet available, divisible to 3,991 square feet.; 13-foot clear height.
    Request Owner's contact information
    4248 Meridian Pkwy Aurora, IL 60504
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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
    4248 Meridian Pkwy Aurora, IL 60504
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