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    Land

    1501 Carlemont Dr, Crystal Lake, IL 60014

    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.06 to 1.23-acre commercial land parcel, located at 1501 Carlemont Drive in Crystal Lake, Illinois, presents a unique opportunity for businesses seeking a strategic location in McHenry County. The property boasts a total land area of 17,873 square feet, offering ample space for development. Its single-tenant designation ensures exclusive use and control, ideal for a variety of commercial ventures. The property's address is conveniently situated within Crystal Lake, providing easy access to local amenities, transportation routes, and a thriving business community. The zoning regulations and potential development options should be independently verified to ensure compatibility with your specific business needs. This is a blank canvas for your vision, allowing for the construction of a building tailored to your exact specifications. The property's size and location make it an attractive investment for businesses looking to establish a strong presence in a growing market. The site is ready for immediate development, offering a streamlined path to occupancy. Detailed site plans and surveys are available upon request. This prime commercial land presents an exceptional opportunity for growth and expansion. The zip code for this property is 60014.

    Property profile
    Verified
    Property type Land
    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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    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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