Property profile

0 Us Highway 6 La Salle, IL 61301

OFF-MARKET
Land
5.18 ac lot
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Property summary

AI-generated overview

This exceptional 5.18-acre industrial land parcel in La Salle, Illinois, presents a prime opportunity for development. Located on E US Hwy 6, the property boasts significant roadway frontage, offering excellent visibility and accessibility. Zoned for industrial self-storage, the site is ideally suited for a variety of uses, including a planned 35,000 square foot self-storage facility. This facility will feature a mix of climate-controlled and non-climate-controlled units, along with enclosed and covered parking for executive boat and RV storage. The property also includes plans for contractor flex storage, catering to a diverse range of business needs. Conveniently located directly north of Celebrations 150 banquet and meeting facility, this site benefits from its proximity to established businesses and amenities. The land is annexed into the City of LaSalle, providing access to city water and sewer utilities. With a land value of $2.61 per square foot and an asking price of $588,000, this property represents a compelling investment opportunity in a thriving location. The 61301 zip code ensures easy access to major transportation routes and a strong local workforce. This is a rare chance to acquire a strategically located, ready-to-develop industrial site with significant potential for high returns.

Property profile

Verified
Property type Land
Lot 5.18 ac (225,641 SF)

Cap rate & NOI

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

Location

Us Highway 6 La Salle, IL 61301
La Salle 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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