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Property profile & analytics
OFF-MARKET
Land

10 Arlington Heights Rd Arlington Heights, IL 60005

4.11 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 4.11-acre commercial land parcel presents a remarkable investment opportunity in Arlington Heights, Illinois. Located at 10 E. Arlington Heights Road, this property boasts a highly desirable B-3 General Service zoning, allowing for a wide range of commercial uses. The site benefits from its strategic location within the South Arlington Heights Road Corridor Plan and a designated Tax Increment Financing (TIF) District, offering potential economic advantages. Its comprehensive plan designation supports mixed-use development, maximizing its potential. The property enjoys significant frontage along both Arlington Heights Road and Algonquin Road (Rt. 62), creating exceptional visibility and accessibility. The hard corner location at a lighted intersection further enhances its appeal. Its proximity to the I-90 full interchange provides unparalleled connectivity. High traffic counts are a key feature: 26,900 vehicles daily on Arlington Heights Road, 26,000 on Algonquin Road, and a combined 147,300 vehicles and 10,300 trucks daily on I-90. Adding to its utility are two full access easements off Tonne Drive. The property's PIN numbers are 08-16-202-025, 08-16-202-029, and 08-16-202-030. The asking price for this prime commercial land is $5,263,500. Additional information is available upon request. This is a rare opportunity to acquire a strategically located, high-traffic commercial property with significant development potential.

Property profile
Verified
Property type Land
Lot 4.11 ac (179,032 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
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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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