Property profile

3408 Royal Woods Dr Crystal Lake, IL 60014

FOR SALE
Land
Property ID
US28-1139557
0.75 ac lot
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Property summary

AI-generated overview

This exceptional 0.75-acre commercial land parcel is ideally situated in Crystal Lake, Illinois, at 3408 Royal Woods Drive, zip code 60014, within McHenry County. The property is a cleared lot, presenting a fantastic opportunity for new construction. Its convenient location offers easy access to a variety of amenities. The property's proximity to Metra provides convenient commuter access. Furthermore, it benefits from being located within award-winning school districts, making it an attractive location for businesses seeking a strong local workforce. The asking price for this exceptional property is $99,900. This represents a significant opportunity for developers and investors seeking a well-located commercial site in a thriving community. Note that an adjacent lot is also available, presenting the potential for larger-scale development or expansion. The property's address is precisely 3408 Royal Woods Dr, Crystal Lake, IL 60014, with GPS coordinates of 42.241992 latitude and -88.26088 longitude. This prime commercial land offers a unique chance to establish a presence in a desirable area. Serious inquiries are encouraged.

Property profile

Verified
Property type Land
Lot 0.75 ac (32,670 SF)
UPID US28-1139557

Cap rate & NOI

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

Location

3408 Royal Woods Dr Crystal Lake, IL 60014
Crystal Lake metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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