1485 Louis Bork Dr Batavia, IL 60510

This exceptional 1.25-acre vacant industrial lot, located at 1485 Louis Bork Dr, Batavia, IL 60510 (APN: 1213226051), presents a unique opportunity for immediate development. Priced at $375,000 ($6.88/sq ft), this property boasts 54,450 square feet and is zoned GI (General Industrial), offering versatility for various uses. Originally planned as Phase II of an existing industrial condominium building, this site benefits from pre-existing infrastructure. Partial civil works are already completed, and all utilities are on-site, with some stubbed to the existing building for streamlined construction. Recorded permanent easements for ingress, egress, and development rights are in place. The lot is ideally suited for a new building up to 20,000 square feet, potentially a warehouse or flex space. While designed to be a 20,562 sq ft, 12-unit industrial condo building, integration into the existing 31,000 sq ft, 18-unit, 100% occupied condominium association is possible, or alternative access may be feasible from neighboring parcels. The General Industrial zoning allows for diverse applications, including call centers, cannabis cultivation, breweries/distilleries, dry cleaning plants, and waste management facilities. This property is available for sale, ground lease, or build-to-suit options. The ownership structure is an LLC.