Property profile

0 Aucutt Rd. & Knell Rd Montgomery, IL 60538

OFF-MARKET
Land
43.34 ac lot
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Property summary

AI-generated overview

This exceptional 43.344-acre industrial land parcel presents a unique investment opportunity in Montgomery, Illinois. Strategically located at the intersection of Aucutt Rd. and Knell Rd., this property boasts prime access to BNSF rail service via an available spur, significantly enhancing logistical capabilities. The land is zoned M-1, permitting a wide range of industrial uses. Situated within the Orchard TIF District 2, this location offers potential tax incentives. The site includes over 43 acres of usable land with offsite detention already in place. This advantageous location places the property in close proximity to established industrial giants, including General Mills, United Facilities, Old Dominion, NexeoPlastics, and United Sugar Corporation. The property is divided into three lots: Lot 1 (15.952 acres), Lot 3 (10.991 acres), and Lot 5 (16.401 acres). The land is offered at a price of $5.50 per square foot. The property is annexed and zoned within the Village of Montgomery, ensuring a streamlined development process. A drone video showcasing the property is available online. This is an exceptional opportunity to acquire a large, well-located industrial site with excellent rail access and strong surrounding infrastructure. Contact us today to learn more.

Property profile

Verified
Property type Land
Lot 43.34 ac (1,888,065 SF)

Cap rate & NOI

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

Location

Aucutt Rd. & Knell Rd Montgomery, IL 60538
Montgomery 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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