This exceptional 10,000-square-foot industrial property, located at 1211 Lyon Road in Batavia, Illinois, presents a compelling investment opportunity. Built in 1992, this single-building facility offers a versatile flex space ideal for manufacturing, warehousing, or a combination thereof. The property features two loading docks equipped with two dock-high doors, ensuring efficient loading and unloading operations. Currently occupied by a tenant with a lease expiring in January 2025, this provides a guaranteed income stream until that date, with no option for lease extension. This presents a unique opportunity for a buyer to occupy the space after the lease expires or potentially negotiate a new lease with the existing tenant. The property's location in Kane County, Illinois, within the 60510 zip code, offers convenient access to major transportation routes and a robust local workforce. The building's adaptable layout and functional design make it suitable for a wide range of industrial uses. This is a rare chance to acquire a well-maintained industrial property with immediate income potential and significant long-term growth prospects. The property is ready for immediate occupancy upon lease expiration. Serious inquiries are encouraged.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$2,059,505
Hospitality
$1,886,496
Educational
$1,569,542
Medical
$1,623,521
Retail
$2,441,510
Location Insight
City
Batavia
County
Kane
State
Illinois
Latitude
41.865
Longitude
-88.2846
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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