1001 Old Rand Rd Wauconda, IL 60084
This 5,200 square foot industrial condo in Wauconda, Illinois, presents a fantastic investment opportunity. Located at 1001 N Old Rand Rd, Suite 101, this single-story building boasts a 2.75-acre lot and is situated within a professional business park. Built in 1987 and extensively renovated in 2023, the property features a 14-foot ceiling height, a private drive-in door, and ample parking. The permitted zoning is Light Industrial, making it suitable for a variety of uses. The property benefits from low Lake County taxes and convenient access to US Route 12. The interior includes newly renovated offices, providing a modern and efficient workspace. This well-maintained property offers a blend of functionality and convenience, making it an ideal choice for businesses seeking a strategic location in a thriving area. The property is zoned for light industrial use and offers a single unit within a larger complex. The location provides easy access to major transportation routes, enhancing its appeal to a wide range of potential occupants. This is a rare opportunity to acquire a well-located, updated industrial space at an attractive price point.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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