0 Peace Rd & Country Farm Rd, DeKalb, IL 60115
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.