70 Hansen Blvd, North Aurora, IL 60542
This exceptional 1.59-acre land parcel, located at 70-80 Hansen Blvd in North Aurora, Illinois (zip code 60542), presents a unique investment opportunity. Zoned B-2, this property boasts 106,722 total square feet, with 34,848 square feet of net rentable space. Situated on a prominent corner lot, it benefits from exceptional visibility and accessibility. The property is an outlot to a Woodman's Market, sharing an entry off Hansen Blvd with other businesses. This location enjoys high traffic volume, with over 34,000 vehicles per day passing on Orchard and Oak Streets. The area is characterized by a rapidly expanding residential base and is conveniently located just north of I-88 and a new Target center. The property's strategic position, coupled with its size and zoning, makes it suitable for a variety of commercial uses, including restaurants with drive-thru capabilities, car washes, and medical or dental facilities. The sale is offered under a NNN lease type. This is a rare opportunity to acquire a highly visible and strategically located land parcel in a thriving commercial area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.