Property profile

1501 Carlemont Dr Crystal Lake, IL 60014

OFF-MARKET
Land
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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

Location

1501 Carlemont Dr Crystal Lake, IL 60014
Crystal Lake metro
Google Maps

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

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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