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    49 Peace Rd Sycamore, IL 60178

    Sponsored
    For Sale
    $3,219,955

    Prime 21-acre commercial land, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional commercial land offering presents a unique investment opportunity in the thriving Sycamore Prairie Business Park. Encompassing a total of 21.12 acres, the property comprises three parcels strategically located for optimal access and visibility. One substantial parcel sits on Peace Road, complemented by two smaller parcels situated on Mediterranean Drive. This configuration provides flexibility for various development scenarios, catering to a wide range of commercial ventures. The property is zoned M1 & C3, allowing for diverse commercial uses. The convenient location offers easy access from Peace Road, placing your business within reach of a well-established commercial hub. This prime location benefits from its proximity to numerous successful businesses already operating within the park, creating a synergistic environment for growth and collaboration. The land's size and zoning make it suitable for a variety of projects, from large-scale industrial developments to smaller commercial buildings. Conditions and restrictions apply. This is an exceptional opportunity to acquire a significant land holding in a highly desirable and rapidly developing business park. The asking price for this exceptional property is $3,219,955. Don't miss this chance to secure your place in the heart of Sycamore's commercial landscape.

    Property Features for 49 Peace Rd

    General Information

    Property type
    Land
    Lot Size
    919,987 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Wholesale Shop Hair Salon Clothing Store Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Sycamore
    County
    DeKalb
    State
    Illinois
    Longitude
    -88.706086196968
    Latitude
    41.969158271106

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    FAQs

    What type of property is this?
    Land - Prime 21-acre commercial land, ideal for development.
    Where is this land located?
    The property is located at 49 Peace Rd Sycamore, IL.
    What is the asking price?
    The asking price for this property is $3,219,955.
    Request Owner's contact information
    49 Peace Rd Sycamore, IL 60178
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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
    49 Peace Rd Sycamore, IL 60178
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