Property profile

309 Palatine Rd Palatine, IL 60067

OFF-MARKET
Land
1.4 ac lot
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Property summary

AI-generated overview

This exceptional 4.08-acre industrial outdoor storage site presents a unique investment opportunity in Riverside County. Boasting 177,740 square feet of paved, fenced, secured, and lit yard space, the property offers ample room for various industrial uses. The site includes 115 trailer parking stalls, providing convenient and secure storage for large vehicles and equipment. Its strategic location offers excellent freeway access, with proximity to the 215 Freeway (1 mile), CA-60 (0.9 miles), and CA-91 (1.1 miles), ensuring efficient transportation and logistics. The property benefits from a private cul-de-sac access, enhancing security and ease of movement. Further adding to its appeal, this site is located within an Opportunity Zone, potentially offering significant tax advantages for investors. The single-tenant occupancy provides stability and ease of management. This property is ideal for businesses seeking a secure, well-maintained, and strategically located outdoor storage solution. The substantial land area and ample parking capacity make it suitable for a wide range of industrial applications. This is a rare opportunity to acquire a prime industrial land parcel in a high-demand area.

Property profile

Verified
Property type Land
Lot 1.4 ac (60,984 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

309 Palatine Rd Palatine, IL 60067
Palatine metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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