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    OFF-MARKET
    Commercial land

    755 Rand Rd, Lake Zurich, IL 60047-3414

    3.93 ac lot
    Entity Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US28-2305108
    Property summary
    AI-generated overview

    This exceptional 23-acre commercial land parcel presents a unique investment opportunity in the thriving Lake Zurich, Illinois market. Located at 755 S. Rand Road, the property boasts significant frontage on a major thoroughfare, ensuring high visibility and accessibility for any commercial development. The B-3 zoning allows for a wide range of commercial uses, providing flexibility for potential buyers. Situated in Lake County, Illinois, with a zip code of 60047, this expansive site offers unparalleled potential for businesses seeking a prominent location. The property's substantial size provides ample space for large-scale projects, while its strategic location ensures convenient access to transportation networks and a robust local economy. Detailed site plans and zoning information are readily available upon request. This is an exceptional opportunity to acquire a significant land holding in a prime commercial location. The current owner is Regal Cinema. Serious inquiries only.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 3.93 ac (171,191 SF)
    APN 14-20-306-009
    UPID US28-2305108
    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
    Barclays Bank Plc · 2 yrs held
    Barclays Bank Plc
    since 2023
    3 recorded transactions
    2023
    2021
    2021
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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