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    OFF-MARKET
    Land

    2005 Galena Blvd, Aurora, IL 60506

    2.37 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2.37-acre commercial land parcel presents a unique investment opportunity in the thriving city of Aurora, Illinois. Located at 2005 W Galena Blvd, this fully improved outlot boasts unparalleled visibility, situated directly in front of the West Plaza shopping center and across from a Jewel grocery store. This prime location ensures high traffic counts and excellent exposure for any commercial development. The property's zoning (not specified in provided information) allows for a variety of commercial uses, making it ideal for businesses seeking a high-traffic location with strong consumer demographics. The site is already fully improved, eliminating the need for extensive site preparation, saving time and money on development costs. Furthermore, stormwater detention is handled offsite, simplifying the development process and reducing potential environmental concerns. The asking price of $299,000 represents a compelling value for a property of this size and location in a rapidly growing market. This is an exceptional opportunity for developers and investors seeking a strategic location with significant potential for return. The property is conveniently located in Kane County, Illinois, with easy access to major transportation routes, further enhancing its appeal. Detailed zoning information and development guidelines are available upon request. Don't miss this chance to acquire a highly desirable commercial land parcel in a prime Aurora location.

    Property profile
    Verified
    Property type Land
    Lot 2.37 ac (103,237 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
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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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