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Investment Highlights
- ±8.69 Acres | 800’+ Frontage on Algonquin Rd ~37k Vehicles/day
- 1 Acre Drive-Thru Pad + 7 Acre + 0.69 Acre
- Utilities to Site | Multiple Access Points
- Zoned B-2 & I-1 | Flexible Development
- Build-to-Suit, Ground Lease, or Sale
- Mixed-Use / Residential Development Potential
Executive Summary
The front pad presents an immediate opportunity for retail or service users, while the remaining acreage is well-suited for a larger mixed-use or residential development. A conceptual site plan has been prepared illustrating a potential layout including retail along the frontage and townhomes to the rear, providing a clear path forward for development.
Utilities are available to site, and the property benefits from multiple access points, enhancing flexibility for site planning and circulation. The surrounding area includes a strong mix of retail, service, and industrial users, with continued growth along the corridor.
The site is available for sale and can accommodate a variety of strategies including a full mixed-use development, phased development, or potential sale/lease of individual parcels. This is a rare opportunity to acquire a large-scale, flexible development site with significant frontage in a growing suburban market.
Property Facts
1 Lot Available
Lot
| Lot Size | 8.69 AC |
| Lot Size | 8.69 AC |
Algonquin Rd development site. ±8.69 acres, 3 lots, 800'+ frontage. Available for BTS, ground lease, or sale. Includes 1-acre drive-thru pad and mixed-use potential.
Description
8.69 Acre Mixed-Use Development Site | Algonquin Road Frontage Rare opportunity to acquire ±8.69 acres with over 800’ of frontage along Algonquin Road (Route 62). This three-parcel assemblage offers flexible zoning (B-2 & I-1) and supports a wide range of development strategies including mixed-use, residential, retail, medical, and flex industrial. The site can be sold as a whole or in pieces, including a 1.00-acre drive-thru capable retail pad, a 0.69-acre supporting parcel, and a ~7-acre rear development site ideal for townhomes, multifamily, or a planned unit development (PUD). A conceptual plan has been completed, illustrating a mixed-use layout with retail frontage and residential density in the rear. Utilities are available to site including water, sewer, gas, electric, and telecommunications, with curb, gutter, and roadway infrastructure in place. The property benefits from multiple access points and strong visibility, making it highly functional for phased or full-scale development. The site also presents rezoning potential for higher-density residential uses including apartments or condominiums, further enhancing long-term upside. A former gas station was located on a portion of the property; all tanks have been removed and ownership reports a clean environmental. This is a highly flexible, large-scale development opportunity suited for developers, investors, and users seeking frontage, scale, and optionality in a growing suburban corridor.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $675,925 | Total Assessment | $675,925 |
Property Taxes
Presented by
2100-2150 E Algonquin Rd
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