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    OFF-MARKET
    Land

    0 Manhattan Rd, Joliet, IL 60431

    5.03 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 5.03-acre parcel of land, located on Manhattan Road in Joliet, Illinois (zip code 60431), presents a unique investment opportunity. Currently vacant and undeveloped, the property is zoned for agricultural use, offering considerable flexibility for future development. The lot's size provides ample space for a variety of commercial ventures. Its location in Will County, Illinois, offers convenient access to major transportation routes, making it particularly attractive for businesses requiring easy access to trucking routes or outdoor storage facilities. The property's APN is 07-26-201-013. The asking price for this significant landholding is $895,000. Serious inquiries are encouraged to explore the potential of this substantial property and its suitability for various commercial applications. Given its size and zoning, this land offers a compelling opportunity for investors seeking a substantial land acquisition in a strategic location. The property's latitude and longitude coordinates are 41.5119669 and -88.1827931 respectively.

    Property profile
    Verified
    Property type Land
    Lot 5.03 ac (219,107 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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