175 Corneils Rd Bristol, IL 60512
This exceptional 38-acre commercial land parcel in Bristol, Illinois, presents a remarkable development opportunity. Strategically located on US Route 47, adjacent to Raging Waves Waterpark, this property boasts high visibility and traffic volume. Its B-3 zoning allows for a diverse range of uses, including multi-family residences, retail, big-box stores, grocery, manufacturing, or mixed-use developments. The expansive lot size offers significant flexibility for large-scale projects. Convenient access to I-88 ensures excellent connectivity and accessibility. The absence of on-site detention requirements streamlines the development process, allowing for a faster transition from concept to completion. The property's location near a major water park and its high-traffic exposure make it an ideal investment for developers seeking a prime location with significant potential for growth and return. The parcel's APN is 02-09-300-017. Asking price is $7,950,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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