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Property profile

0 Kaper Dr Cary, IL 60013

OFF-MARKET
Retail properties & Spaces
137,650 SF 3.16 ac lot
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Property summary

AI-generated overview

This exceptional 3.16-acre commercial land parcel presents a remarkable development opportunity in the thriving Cary, Illinois market. Located in McHenry County, with an APN of 1911428004, this property boasts a substantial 137,650 square feet and is zoned B2, permitting retail and office uses. The site benefits from excellent visibility and accessibility, situated minutes from Mercy Hospital to the west and a Jewel-anchored shopping corridor to the east along US Route 14. Utilities are conveniently located at the site, simplifying development plans. The property enjoys a strategic location backing up to an industrial park, offering potential synergies and a diverse surrounding business environment. With 348 feet of frontage on Three Oaks Road, this site ensures high traffic exposure. The area is experiencing significant retail growth, as evidenced by the recent establishment of Aldi and Spirit Water Brewery nearby. This is a rare chance to capitalize on a prime location in a rapidly expanding market. The asking price is $840,000. Don't miss this opportunity to build your next commercial venture.

Property profile

Verified
Property type Retail properties & Spaces
Total area 137,650 SF
Lot 3.16 ac (137,650 SF)

Cap rate & NOI

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

Location

Kaper Dr Cary, IL 60013
Cary metro
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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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