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Property profile

0000 Rte Manhattan, IL 60442

OFF-MARKET
Land
6 ac lot
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Property summary

AI-generated overview

This exceptional 6-acre commercial land parcel presents a remarkable investment opportunity in Manhattan, Illinois. Strategically located on the highly trafficked Route 52 at the corner of Gougar Road, this property boasts unparalleled visibility and accessibility, ensuring maximum exposure for any commercial venture. The expansive lot size offers significant development potential for a wide range of businesses, including retail, entertainment, or hospitality establishments. Its prime location within Will County guarantees a strong customer base and easy access to major transportation routes. The asking price for this exceptional property is $2,600,000. This is a rare chance to acquire a substantial commercial land holding in a thriving area with significant growth potential. The property's corner location at the intersection of Route 52 and Gougar Road provides optimal visibility and accessibility, making it an ideal location for businesses seeking high traffic exposure. Detailed site plans and zoning information are available upon request. Don't miss this opportunity to secure a prime piece of commercial real estate in a rapidly developing market. The zip code is 60442.

Property profile

Verified
Property type Land
Lot 6 ac (261,360 SF)

Cap rate & NOI

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

Location

0000 Rte Manhattan, IL 60442
Manhattan 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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