Property profile

0 Manhattan Rd Joliet, IL 60431

OFF-MARKET
Land
5.03 ac lot
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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

Location

Manhattan Rd Joliet, IL 60431
Joliet metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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