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    Tbd Peace Rd DeKalb, IL 60115

    Sponsored
    For Sale
    $4,867,200

    101.4 Acres, Light Industrial Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 101.4-acre commercial land parcel presents a unique investment opportunity in DeKalb County, Illinois. Strategically located on three corners of the intersection of Peace Road and Barber Greene Road, this property boasts a highly visible location with a stoplight intersection, ensuring maximum exposure. Currently zoned for light industrial use, the land is currently utilized for agricultural purposes with existing crop rental income. The property is annexed into the city of DeKalb, offering access to city services and infrastructure. Utilities are readily available, with gas, water, and fiber optic lines accessible on Peace Road, and sanitary sewer access available on Barber Greene Road. The site benefits from its location within an Enterprise Zone, potentially offering significant tax advantages. The property's high visibility is further enhanced by an average daily traffic count of 16,200 vehicles. This substantial acreage offers flexibility, with the owner willing to consider dividing the parcel to accommodate various development needs. This prime location, coupled with its advantageous zoning and utility access, makes this property an ideal candidate for a wide range of commercial and industrial developments. The asking price is $4,867,200. The property's address is TBD Peace Road, DeKalb, IL 60115.

    Property Features for 0 Tbd Peace Rd

    General Information

    Property type
    Land
    Lot Size
    4,416,984 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    DeKalb
    County
    DeKalb
    State
    Illinois
    Longitude
    -88.7241024
    Latitude
    41.907319

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    FAQs

    What type of property is this?
    Land - 101.4 Acres, Light Industrial Zoning
    Where is this land located?
    The property is located at Tbd Peace Rd DeKalb, IL.
    What is the asking price?
    The asking price for this property is $4,867,200.
    Request Owner's contact information
    Tbd Peace Rd DeKalb, IL 60115
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    DeKalb, IL 60115
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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
    Tbd Peace Rd DeKalb, IL 60115
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