Technical
Financial
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Property profile

0 Tabler Rd Morris, IL 60450

OFF-MARKET
Land
289.44 ac lot
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Property summary

AI-generated overview

This exceptional 289.44-acre parcel presents a unique opportunity for industrial development in western Channahon, Illinois. Strategically located one mile east of the Brisbin Road interchange of Interstate 80, this property boasts unparalleled access to major transportation arteries. The site offers significant frontage along US Route 6, Tabler Road, and Sand Ridge Road, ensuring excellent visibility and convenient access for businesses. A significant advantage is the half-mile of CSX rail along the eastern boundary, providing direct rail access for efficient logistics operations. Currently zoned for agricultural use, the property is situated within a rapidly developing industrial corridor, with future I-1 zoning proposed to accommodate a variety of light industrial and logistics uses. Several other industrial projects are currently in the planning stages along this corridor, indicating a strong and growing demand for industrial space in this area. The lease on the property expires March 1st, 2025, offering a short-term leasehold interest. This prime location, coupled with its extensive road and rail access, makes this property an ideal investment for developers seeking a strategic foothold in a thriving industrial market. The property's proximity to the I-80 interchange ensures seamless connectivity to regional and national transportation networks, making it an attractive location for businesses of all sizes. This is a rare opportunity to acquire a large tract of land with exceptional access and development potential in a high-growth area.

Property profile

Verified
Property type Land
Lot 289.44 ac (12,608,006 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Tabler Rd Morris, IL 60450
Morris metro
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Value estimations

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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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