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    OFF-MARKET
    Land

    0 Boyer Rd, Algonquin, IL 60118

    292,288 SF 6.71 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 6.71-acre development site, located at 0 Boyer Road in Dundee, Illinois (60118), presents a unique investment opportunity. Currently zoned AG, the property is slated for annexation to the Village of Algonquin, paving the way for future office or light industrial development. With a total square footage of 292,288, the land offers significant potential for a variety of projects. The asking price is $1,450,000, translating to a price per square foot of $4.96. The property's advantageous location offers convenient access, situated a quarter-mile north of Longmeadow Road and its new bridge access road, providing excellent visibility and connectivity. The parcel number is 03-06-400-025. The site's size allows for potential division, offering flexibility for developers. This prime commercial land, part of the Algonquin Corporate Campus, represents a compelling investment in a thriving area. The property boasts frontage on Boyer Road, ensuring high visibility and accessibility. This is a rare opportunity to acquire a substantial land parcel in a desirable location with significant development potential. The property's strategic location and future zoning possibilities make it an ideal choice for discerning investors seeking a high-return opportunity in a rapidly growing area.

    Property profile
    Verified
    Property type Land
    Total area 292,288 SF
    Lot 6.71 ac (292,288 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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    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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