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    OFF-MARKET
    Land

    31 State Rte, Richmond, IL 60071

    Property ID
    Property summary
    AI-generated overview

    This ±1.43-acre commercial land parcel presents a unique investment opportunity in Richmond, Illinois. Strategically located just off the signalized intersection of Route 12 and Route 31, this property benefits from exceptional visibility and accessibility. The site is situated in McHenry County, within a region experiencing phenomenal population growth over the past ten years, indicating strong future demand for commercial properties. This single-tenant land offering is ideally suited for a variety of commercial developments. Its proximity to the proposed Route 12 extension reconfiguration further enhances its long-term potential. The address is listed as State Route 31, Richmond, IL 60071, providing easy access to major transportation routes. The property's location at a busy intersection ensures high traffic volume, making it an attractive site for businesses seeking maximum exposure. Detailed site plans and zoning information are available upon request. This is a rare opportunity to acquire a well-positioned commercial land parcel in a rapidly growing area. Don't miss out on this chance to capitalize on the significant potential of this prime location. Contact us today to learn more about this exceptional property and explore its development possibilities.

    Property profile
    Verified
    Property type Land
    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
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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