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    Wind Energy Pass Batavia, IL 60510
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    Wind Energy Pass Batavia, IL 60510

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    • Land
    • 15.44 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Wind Energy Pass

    Lot size
    15.44 lot acres
    Property type
    Land

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Batavia
    County
    Kane
    State
    Illinois
    Longitude
    -88.2791
    Latitude
    41.8239

    Comparable in this City

    • Value Estimation by Request
      10.41 Acres

      37W408 Main St

      Land • 10.41 Acres
      37W408 Main St, Batavia, IL 60510
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    • Value Estimation by Request
      1.70 Acres

      1025 Wilson St

      Land • 1.70 Acres
      1025 Wilson St, Batavia, IL 60510
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    • Value Estimation by Request
      2.12 Acres

      Kirk Rd

      Farms • 2.12 Acres
      0 Kirk Rd, Batavia, IL 60510
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    • Value Estimation by Request
      1.13 Acres

      25 And Bond Dr

      Land • 1.13 Acres
      25 And Bond Dr, Batavia, IL 60510
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    • Value Estimation by Request
      4.50 Acres

      Swc Fabyan Pkwy & Randall Rd

      Land • 4.50 Acres
      0 Swc Fabyan Pkwy & Randall Rd, Batavia, IL 60510
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    • Value Estimation by Request
      0.51 Acres

      950 Wilson St

      Land • 0.51 Acres
      950 Wilson St, Batavia, IL 60510
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Development Site For Sale

      Development site available for sale.
      37W408 Main St, Batavia, IL 60510
      View Details
    • $675,000
      3,600 SF

      Batavia Industrial Investment Opportunity

      High-yield, low-maintenance commercial building.
      580 River St, Batavia, IL 60510
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    • Contact for pricing

      Central Batavia Land For Sale

      Land near downtown, shopping, restaurants, and Fox Riverfront.
      916 Park St, Batavia, IL 60510
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    • $3,600,000

      Land Parcels at Signalized Intersection

      Two land parcels in prime location at Randall Road corridor.
      2586 W Fabyan Pkwy, Batavia, IL 60510
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    • Contact for pricing

      Commercial Land Build-to-Suit Opportunity

      Commercial land available for sale or lease, build-to-suit.
      1203-1235 E Fabyan Pkwy, Geneva, IL 60510
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    • Contact for pricing
      149,590 SF

      Batavia Industrial Land For Sale

      6.88 acre industrial site with equipment storage building.
      1697 E Wilson St, Batavia, IL 60510
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Industrial Build-to-Suit Opportunity

      Modern industrial space for rent in Kane County, Illinois.
      1225 Douglas Rd, Batavia, IL 60510
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    • Contact for pricing
      136,888 SF

      Batavia Warehouse with Rail Access

      136,888 SF warehouse with BNSF rail access for lease.
      601-605 Kingsland Dr, Batavia, IL 60510
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    • Contact for pricing
      6,750 SF

      Adaptable Flex/Industrial Space Available

      Configurable space with high ceilings and ample parking.
      1701-1743 E Wilson St, Batavia, IL 60510
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    • Contact for pricing
      1,308 SF

      Medical/Office Space Near Geneva School

      Office space for rent near school and senior living.
      2550-2580 W Fabyan Pkwy, Batavia, IL 60510
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    • Contact for pricing

      Restaurant Space in Batavia Plaza

      5,411 SF restaurant space with existing restaurant infrastructure.
      154 W Wilson St, Batavia, IL 60510
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    • Contact for pricing
      4,000 SF

      Target Anchored Retail Space Available

      Retail space in high-traffic area with renovation and new parking.
      3-87 N Randall Rd, Batavia, IL 60510
      View Details
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    Wind Energy Pass
    Batavia, IL 60510
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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