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    OFF-MARKET
    Land

    13 Towne Centre Dr, North Aurora, IL 60542

    1.77 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.77-acre commercial outlot, located at Lot 13 Towne Center Drive in North Aurora, Illinois (zip code 60542), presents a remarkable development opportunity. Boasting unparalleled visibility from Interstate 88 and convenient access via the Orchard Road exit, this B2 PUD zoned property is ideally suited for a diverse range of uses, including retail, restaurant, entertainment, recreation, or office space. Situated within the thriving North Aurora Towne Center, this location benefits from the established presence of major retailers such as Target, JCPenney, and Petco, ensuring high traffic and strong consumer demographics. The property's strategic placement near the North Aurora Auto Mall, Oberweis Headquarters, and numerous corporate giants including Kraft, Toyota, Nestle, and DHL, further enhances its appeal. Utilities are readily available, and off-site storm water management is in place, simplifying the development process. This is one of five available parcels ranging from 1.77 to 11.9 acres, offering flexibility for various project scales. The asking price is $385,506, with a land value of $5 per square foot. This is a rare chance to acquire a highly visible and strategically located property in a rapidly growing area.

    Property profile
    Verified
    Property type Land
    Lot 1.77 ac (77,101 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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