Property profile

0 Industrial Rd Momence, IL 60954

OFF-MARKET
Land
7.4 ac lot
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Property summary

AI-generated overview

This exceptional 7.4-acre agricultural property, located at E Industrial Rd, Momence, IL 60954, presents a unique opportunity for investors and developers. Situated in Kankakee County, this land boasts an ideal location with convenient access to an 80,000# road, making it easily accessible for transportation and potential development projects. The property is zoned for agricultural use, offering versatility for various farming operations or future development plans, subject to local zoning regulations. The asking price for this expansive parcel is $277,500. With its substantial size and strategic location, this land offers significant potential for growth and return on investment. The property's coordinates are 41.17287804427891 latitude and -87.65956645586489 longitude. Detailed information regarding permitted uses and development possibilities should be verified with the relevant local authorities. This is a rare opportunity to acquire a sizable tract of agricultural land in a desirable location with excellent potential. Don't miss out on this chance to secure a valuable asset in a growing area.

Property profile

Verified
Property type Land
Lot 7.4 ac (322,344 SF)

Cap rate & NOI

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

Location

Industrial Rd Momence, IL 60954
Momence metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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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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