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Property profile & analytics
OFF-MARKET
Land

0 Greenwood Acres Dr DeKalb, IL 60115

2.47 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.47-acre commercial land parcel is strategically located in DeKalb, Illinois, on Greenwood Acres Drive, zip code 60115. Its prime location within DeKalb County's thriving retail corridor presents a remarkable development opportunity. The property is situated adjacent to a Lowe's home improvement store, ensuring high visibility and convenient access for potential businesses. A wide range of development options are feasible, including hotels, restaurants, mixed-use complexes, office buildings, medical facilities, mini-storage units, or light industrial spaces. The presence of existing sanitary sewer infrastructure simplifies development planning and reduces upfront costs. Furthermore, the property's proximity to movie theaters, shopping centers, and a nature trail enhances its appeal and provides added convenience to future occupants and patrons. The owner is motivated to sell and is seeking an immediate buyer for this exceptional investment opportunity. The asking price for this 2.47-acre site is $269,000. Don't miss this chance to acquire a highly desirable commercial property in a rapidly growing area.

Property profile
Verified
Property type Land
Lot 2.47 ac (107,593 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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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