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    Mitchell Rd & Corporate Blvd Aurora, IL 60505

    For Sale
    Contact for pricing

    Prime Aurora industrial land, I-88 access.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 14.3-acre industrial land parcel presents a compelling investment opportunity in Aurora, Illinois. Strategically located at the intersection of Mitchell Road and Corporate Boulevard, this property offers unparalleled access to Interstate 88 via Corporate Boulevard, ensuring seamless transportation and logistics. The site comprises two parcels: an 8.46-acre lot on Mitchell Road and a 5.84-acre lot on Corporate Boulevard. Its convenient location places it just one mile from the I-88 interchange, providing easy access to major transportation arteries. The property is situated adjacent to the Liberty Business Center, benefiting from the established infrastructure and business activity in the immediate vicinity. The land is zoned ORI (S), allowing for a variety of industrial uses. With a land value of $6.50 per square foot, this property offers significant potential for development and return on investment. The 60505 zip code ensures a prime location within a thriving industrial corridor. This is a rare opportunity to acquire a substantial, well-located industrial land parcel in a highly sought-after area of Aurora, Illinois. The combined acreage and strategic location make this property ideal for a variety of industrial projects.

    Property Features for 0 Mitchell Rd & Corporate Blvd

    General Information

    Property type
    Land
    Lot Size
    622,908 SF

    HighLights

    • 14.3‑acre industrial land parcel in Aurora, IL.
    • Two parcels: 8.46 acres on Mitchell Rd and 5.84 acres on Corporate Blvd.
    • ORI (S) zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Aurora
    County
    Kane
    State
    Illinois
    Longitude
    -88.3028644
    Latitude
    41.7911113

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    FAQs

    What type of property is this?
    Land - Prime Aurora industrial land, I-88 access.
    Where is this land located?
    The property is located at Mitchell Rd & Corporate Blvd Aurora, IL.
    What are key features of this property?
    This property features: 14.3-acre industrial land parcel in Aurora, IL.; Two parcels: 8.46 acres on Mitchell Rd and 5.84 acres on Corporate Blvd.; ORI (S) zoning.
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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
    Mitchell Rd & Corporate Blvd Aurora, IL 60505
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