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    OFF-MARKET
    Land

    280 9000N Rd, Manteno, IL 60950

    32.1 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 32.1-acre commercial land parcel presents a remarkable investment opportunity in Manteno, Illinois. Strategically located at 280 E 9000N Rd, the property boasts excellent visibility and accessibility, with frontage on E 9000 N Rd and N US Hwy 45/52. Its proximity to the I-57 interchange at County Highway 9 (approximately one mile west) ensures convenient access to major transportation routes. The property is zoned for agricultural use, but the seller is willing to divide the land. A preliminary plan is available for a retail/office development on approximately 10 acres in the southeast portion of the property, accessible from 9000 N Rd. All utilities are available at the site. This location is poised for significant growth, situated within an area experiencing future commercial and residential expansion, making this a prime location for development. The asking price for this fee-simple ownership property is $2,903,000. Don't miss this chance to acquire a substantial tract of land with immense development potential in a rapidly growing area. The property's size and location make it ideal for a variety of commercial ventures.

    Property profile
    Verified
    Property type Land
    Lot 32.1 ac (1,398,276 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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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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