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Property profile & analytics
FOR SALE
Commercial real estate

5 Apex Dr Highland, IL 62249

3,137 SF 0.37 ac lot Built 2021
Entity Owned 14-yr Hold ~ Est. High Equity
Property ID
US28-2238770
Property summary
AI-generated overview

This exceptional 0.49-acre commercial land parcel, identified by APN 02-2-18-32-02-202-025/028/029, presents a unique investment opportunity in Highland, Illinois. Located at 5 Apex & 20-25 Apex Drive, zip code 62249 (latitude 38.7513833, longitude -89.6728761), this property is zoned C-3 Hwy Business, allowing for a wide range of commercial development possibilities. The site's size offers ample space for various projects. While the marketing materials mention a nearby newly constructed 1,855 square foot office space and signage opportunities within the Apex Professional Park, this listing specifically pertains to the sale of the 0.49-acre land parcel itself. The asking price for this strategically located Highland property is $129,900. This represents a compelling opportunity to acquire land in a thriving commercial area with excellent visibility and potential for significant return on investment. The property's location provides easy access to major transportation routes, enhancing its appeal to a broad spectrum of potential commercial ventures. Serious inquiries are encouraged to explore the full potential of this exceptional commercial land offering. All information is deemed reliable but not guaranteed.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2021
Total area 3,137 SF
Lot 0.37 ac (16,177 SF)
APN 02-2-18-32-02-202-025
UPID US28-2238770
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Sbfg LLC · 14 yrs held
Sbfg LLC
since 2011
6 recorded transactions
2024
Price N/A
2021
Price N/A
2021
Price N/A
2020
Price N/A
2011
Price N/A
2008
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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