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    OFF-MARKET
    Land

    0 Peace Rd & Country Farm Rd, DeKalb, IL 60115

    226.83 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 226.83-acre land parcel in DeKalb County, Illinois, presents a significant investment opportunity. Located at the intersection of Peace Road and Country Farm Road, with a DeKalb, IL 60115 zip code, this property boasts over 3,000 linear feet of frontage on Peace Rd, offering excellent accessibility. The property comprises eight parcels currently zoned for agricultural use and two parcels annexed as HI PD-I, indicating a clear path towards future development. A future industrial concept is already in place, envisioning potential zoning for office/research, light industrial, or transportation uses. Utilities including electricity, gas, sewer, and water are conveniently located nearby. Future access points from County Farm Road and Enterprise Road are also possible, enhancing the property's versatility and development potential. Currently leased for agricultural purposes through 2016, this land offers a unique blend of immediate income potential and long-term development prospects. The asking price is $9,050,517, translating to an attractive price per acre of $39,900. This is a rare opportunity to acquire a substantial land holding with significant upside in a rapidly developing area.

    Property profile
    Verified
    Property type Land
    Lot 226.83 ac (9,880,715 SF)
    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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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