Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    435 Enterprise Dr Braidwood, IL 60408
    Back to Search
    Property profile & analytics

    435 Enterprise Dr Braidwood, IL 60408

    View on Map
    • Commercial real estate
    • 5,600 SF
    • 15.30 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 435 Enterprise Dr

    Year built
    2010
    Lot size
    15.30 lot acres
    Property size
    5,600 SF
    Property type
    Commercial real estate

    Description

    This exceptional 15.3-acre property at 435 Enterprise Drive, Braidwood, IL, presents a unique investment opportunity. The property boasts a substantial 5,600 square foot maintenance building, featuring five 14'x14' drive-in doors (DID), 1,400 square feet of recently remodeled office space, three full bathrooms, a comfortable driver's lounge, and modern amenities including CCTV security, exhaust fans, and newer space heaters. Air lines are also installed throughout the building. The building also includes an on-site repair shop. Beyond the main building, 13.95 acres of the land are already prepared for development, having undergone leveling, grading, and drainage improvements. No additional paving is needed, making this site ready for immediate use. A proposed site plan is in place to accommodate up to 250 trucks and trailers. The property is available for sale as-is, or with existing tenants in place. Further income potential exists through the rental of outside storage space. Current rates are $120 per month for semi-trucks and trailers, and $80 per month for bobtails, with rates for other equipment to be determined. This property offers a compelling combination of existing infrastructure, prepared land, and significant income-generating potential. Priced at $3,300,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Braidwood
    County
    Will
    State
    Illinois
    Longitude
    -88.2224
    Latitude
    41.2534

    Comparable in this City

    • Value Estimation by Request
      2,000 SF

      146 Main St

      Commercial real estate • 2,000 SF
      146 Main St, Braidwood, IL 60408
      View Details
    • Value Estimation by Request
      0.57 Acres

      1136 Kennedy Rd, Unit 4

      COMMERCIAL (GENERAL) • 0.57 Acres
      1136 Kennedy Rd, Braidwood, IL 60408-1800
      View Details
    • Value Estimation
      $660,000
      0.24 Acres

      105 Frnt St

      COMMERCIAL (GENERAL) • 0.24 Acres
      105 Frnt St, Braidwood, IL 60408-2002
      View Details
    • Value Estimation by Request
      0.35 Acres

      298 Comet Dr

      COMMERCIAL (GENERAL) • 0.35 Acres
      298 Comet Dr, Braidwood, IL 60408-2028
      View Details
    • Value Estimation by Request
      0.27 Acres

      100 Washington St

      COMMERCIAL (GENERAL) • 0.27 Acres
      100 Washington St, Braidwood, IL 60408-1717
      View Details
    • Value Estimation by Request
      0.04 Acres

      192 Main St

      COMMERCIAL (GENERAL) • 0.04 Acres
      192 Main St, Braidwood, IL 60408-1912
      View Details

    Similar Nearby for Sale

    • $150,000
      2,000 SF

      Braidwood Commercial Building on Main

      1600 sq ft commercial building on busy Main Street.
      146 E Main St, Braidwood, IL 60408
      View Details
    • Contact for pricing
      Pending

      Land For Sale, Braidwood, IL

      Buildable lot with utilities available in Braidwood, Illinois.
      1065 W Main St, Braidwood, IL 60408
      View Details
    • Contact for pricing
      14,835 SF

      New Self-Storage Facility For Sale

      New construction self-storage facility in Braidwood, Illinois.
      1120 W Kennedy Rd, Braidwood, IL 60408
      View Details
    • Contact for pricing

      Braidwood Land For Sale

      Land lot available in Braidwood, Illinois.
      177 E Eureka St, Braidwood, IL 60408
      View Details
    • $2,450,000

      47 Acres Near I-55 Interchange

      47 acres with commercial or industrial potential near I-55.
      Coal City Rd, Braidwood, IL 60408
      View Details
    • $150,000
      1,600 SF

      Braidwood Commercial Building on Main

      1,600 sq ft commercial building on Main Street in Braidwood.
      146 E Main St, Braidwood, IL 60408
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Braidwood Commercial Space For Rent

      Commercial space with open floor plan and marquee signage.
      292-294 Front St, Braidwood, IL 60408
      View Details
    • Contact for pricing

      Braidwood Commercial Space Available

      2950 sq ft retail space with open layout.
      272-274 Front St, Braidwood, IL 60408
      View Details
    • Contact for pricing
      36,477 SF

      Move-in Ready Office/Retail Space

      Office or retail space with room to grow and customize.
      464 S Front St, Braidwood, IL 60408
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    435 Enterprise Dr
    Braidwood, IL 60408
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    435 Enterprise Dr, Braidwood, IL, 60408
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!