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Property profile & analytics
OFF-MARKET
Land

29 Challenger Rd Frankfort, IL 60423

1 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1-acre industrial lot, identified as Lot 29 Challenger, presents a unique opportunity for new construction in Frankfort, Illinois. Located in Will County, this property boasts an ideal location with convenient access to key transportation routes (specific details not provided). The lot is zoned for industrial use, permitting a wide range of development possibilities. Plans envision a new building ranging from 10,000 to 15,000 square feet, offering ample space for various industrial operations. Outside storage is also permitted, adding to the property's versatility. The property's 60423 zip code places it within a thriving industrial area. Furthermore, the low Will County taxes represent a significant financial advantage for prospective developers. This is a blank canvas for a modern industrial facility, offering the potential for substantial return on investment. The 1-acre size provides ample space for building and potential future expansion. This is a rare opportunity to acquire a buildable industrial lot in a desirable location with favorable zoning and tax benefits. Don't miss this chance to secure your future in this thriving industrial market.

Property profile
Verified
Property type Land
Lot 1 ac (43,560 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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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