Property profile

0 Burroughs Ave Plano, IL 60545

OFF-MARKET
Land
27.4 ac lot
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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

Location

Burroughs Ave Plano, IL 60545
Plano metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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