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    OFF-MARKET
    Land

    0 Arabian Ave, Manhattan, IL 60442

    1.87 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.87-acre commercial lot is ideally situated in Manhattan, Illinois, boasting excellent frontage on S Arabian Ave in Will County. The property's prime location ensures high visibility and significant traffic count, making it an attractive investment opportunity. The lot's size provides ample space for a variety of commercial developments. The APN is 1412074010080000. This is an excellent corner lot, offering unparalleled exposure. The asking price is $599,900. The property is zoned for commercial use (further zoning verification is recommended). This presents a unique chance to establish a thriving business in a high-traffic area. The property's location within Manhattan, IL, offers access to a growing community and strong local economy. Additional lots are available for those seeking larger-scale development projects. This is a rare opportunity to acquire a strategically positioned commercial lot with significant potential for growth and return on investment. Interested parties are encouraged to conduct their own due diligence. The zip code is 60442.

    Property profile
    Verified
    Property type Land
    Lot 1.87 ac (81,457 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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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