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Property profile & analytics
OFF-MARKET
Land

32749 State Rte Arlington, WA 60481

242 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 242-acre property in Arlington, Washington, presents a unique investment opportunity. Located at 32749 State Route 53, this expansive land boasts a diverse range of features ideal for recreation and potential commercial development. The property includes six bodies of water, perfect for fishing and swimming, and over 60 acres of tillable soil. Extensive woods and numerous trails provide ample opportunities for hiking and exploring. The existing three-bedroom cottage offers serene views and comfortable living. Currently used as a residential estate, the property's zoning allows for a variety of commercial uses, including a resort, campground, recreational club, corporate retreat, residential development, or mixed-use project. Its proximity to Chicago (45 minutes south) adds significant appeal. The asking price is $2,899,000, and the seller is motivated to find a suitable buyer, considering all reasonable offers. This is a rare chance to acquire a substantial land holding with significant potential for diverse uses and strong recreational value. The property is situated in Will County, WA, zip code 60481. Don't miss this opportunity to own a piece of this recreational paradise.

Property profile
Verified
Property type Land
Lot 242 ac (10,541,520 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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