4557 Il-173 Hwy, Caledonia, IL 61011
This exceptional 4.63-acre parcel of land presents a remarkable opportunity for industrial development. Strategically located at 4557 IL-173 Hwy in Caledonia, Illinois (zip code 61011), this fee-simple property boasts a prime location at the intersection of Highways 173 and 76, ensuring excellent visibility and accessibility. Currently zoned for light industrial use, the possibilities are vast for businesses seeking a well-situated location in Boone County. The property's APN is 0323100002. Detailed permitted uses are available upon request. This offering includes the land only; however, a separate listing includes the land, an existing business, and inventory for those seeking a turnkey operation. The asking price for this exceptional industrial land is $1,500,000. Don't miss this chance to acquire a highly desirable property in a thriving area. Contact us today to learn more and schedule a showing.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.