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Property profile & analytics
OFF-MARKET
Commercial real estate

3712 3 Oaks Rd Cary, IL 60013

46 ac lot
Property ID
US28-2908787
Property summary
AI-generated overview

This exceptional 46-acre parcel of land presents a remarkable investment opportunity in the thriving Cary, Illinois market. Located at 3712 Three Oaks Road, this property boasts a prime location in McHenry County, zoned for industrial use, offering significant potential for mixed-use development. Its strategic position places it directly across from Stryker Corporation and in close proximity to a Holiday Inn and the new Mercy Hospital, ensuring high visibility and accessibility. The property's zoning designation allows for a wide range of industrial and potentially commercial uses, catering to diverse development plans. The availability of water and sewer lines adjacent to the property simplifies infrastructure integration, streamlining the development process. Currently situated within Cary's F.P.A., this land is ready for immediate development, making it an attractive proposition for investors and developers seeking a foothold in a rapidly expanding area. Note that the property is currently occupied, and access is restricted. A second pin number, 1911100026, is available for reference. The asking price for this exceptional property is $6,879,000.

Property profile
Verified
Property type Commercial real estate
Lot 46 ac (2,003,760 SF)
UPID US28-2908787
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
AI Approach AI
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Comparable Approach Comparable
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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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