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    OFF-MARKET
    Land

    0 Burroughs Ave, Plano, IL 60545

    27.4 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 27.4-acre commercial land parcel presents a unique investment opportunity in Plano, Illinois. Strategically located in the B-5 Service Business District, this annexed property offers unparalleled versatility for a wide range of commercial developments. Its prime location is adjacent to established businesses including Walmart, Dunkin' Donuts, and Aldi, ensuring high visibility and accessibility. Situated just south of the busy Route 34, this site benefits from significant traffic flow. The property's zoning allows for a diverse array of uses, including big-box retail, grocery stores, fitness centers, vehicle sales and service centers, and restaurants. On-site water detention is already in place, simplifying development plans. Utilities are available at the site. The property's APN is 01-29-426-004, 01-29-426-005. Asking price is $780,000. This is an ideal location for businesses seeking high visibility and convenient access to a thriving community. Don't miss this chance to acquire a premier commercial property in a rapidly growing area.

    Property profile
    Verified
    Property type Land
    Lot 27.4 ac (1,193,544 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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