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    Property profile & analytics
    OFF-MARKET
    Land

    145 Smith St, Palatine, IL 60067

    0.16 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 40,000 square foot retail property, located in Los Angeles County, presents a unique opportunity for multiple tenants. The entire space is currently vacant, offering a blank canvas for a diverse range of businesses. Situated at a full 4-way interchange at Grand Avenue and the 210 Freeway, this location boasts unparalleled visibility and accessibility. The property benefits from a highly desirable "going-home" side of the street location, ensuring consistent customer traffic. The surrounding area is anchored by a strong mix of established retailers, including Sprouts Farmers Market, Carl's Jr., LA Fitness, Orangetheory Fitness, Marshalls, US Bank, El Pollo Loco, America's Tire, a 76 Station, and an ARCO station, creating a vibrant and thriving commercial environment. This prime location offers significant potential for businesses seeking high visibility and convenient access for customers. The property is classified as a commercial retail space with multiple tenancy options. The total building square footage is 40,000 square feet, all of which is currently available for lease. This presents a rare opportunity to establish a significant presence in a high-demand retail area.

    Property profile
    Verified
    Property type Land
    Lot 0.16 ac (6,970 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
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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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