830 Manhattan Rd Joliet, IL 60433
- Commercial real estate
- 16.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 830 Manhattan Rd
- Lot size
- 16.00 lot acres
- Property type
- Commercial real estate
Description
This exceptional 16-acre industrial land parcel in Joliet, Illinois, presents a unique investment opportunity. Located at 830 Manhattan Road, this property boasts a desirable A zoning designation, making it suitable for a variety of industrial uses. The land, while encompassing 16 acres, has approximately 8 acres usable for development. Situated in unincorporated Will County, this location offers significant advantages, including proximity to major transportation arteries. It's just one mile from Interstate 80 and one mile from Centerpoint Properties, providing easy access to regional and national distribution networks. The strategic location also places the property near established distribution centers for major companies such as Amazon and Ikea, further enhancing its appeal. The asking price is $950,000, translating to a land value of $59,375 per acre. This property is situated on Route 52, a state highway, ensuring excellent visibility and accessibility. Given its size, location, and zoning, this parcel represents a compelling investment opportunity for developers and businesses seeking a strategic foothold in a thriving industrial corridor. The property's proximity to major transportation routes and established businesses makes it an ideal location for warehousing, logistics, or light manufacturing. Serious inquiries are encouraged.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Joliet
- County
- Will
- State
- Illinois
- Longitude
- -88.0593053
- Latitude
- 41.4950413