Property profile

4557 Il-173 Hwy Caledonia, IL 61011

OFF-MARKET
Land
4.63 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 4.63 ac (201,683 SF)

Cap rate & NOI

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

Location

4557 Il-173 Hwy Caledonia, IL 61011
Caledonia metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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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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