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SWC Fabyan Pkwy & Branson Drive

Batavia, Illinois 60510


Vanessa Rankins
708.259.2723

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$4,145,000




Property Type
Vacant Land
Neighborhood
Batavia


SHOVEL READY LAND FOR SALE - 2 DEVELOPMENT LAND PARCELS - 12+ ACRES TOTAL- 2 CORNERS... MAIN 7.7-acre PARCEL WITH SIGNALIZED INTERSECTION AND A 4.17 CORNER PARCEL ACROSS THE STREET. Perfectly located commercial and/or residential development parcels, adjacent to existing medical office buildings, the soon to be completed 146-unit The Landings (an independent living, assisted living and memory care facility by Dial) set for 2021 occupancy along with the recently completed 80-unit Windmill Manor Senior Living Center which is full with a waiting list. This mixed-use area of newer business properties is just a click west of the Randall Road Corridor, where national, regional and local businesses are located including Wal-Mart, Menard's, Home Depot, Target, Jewel-Osco, Ace Hardware, Office Max, Hobby Lobby, Aldi, Trader Joe's, Starbucks, Chipotle, McDonald's, Ashley Home Store... and 100s of banks, restaurants and other small businesses. Development notes: In checking with the city of Batavia, we confirmed the zoning is CC for community commercial. CC permits small to medium-scale retail, office, service and entertainment uses under 25,000 square feet per user or standalone building. A spokesperson for the did state, however, said they would also be receptive to alternative uses similar to the PUD developments to the east, specifically The Landings and Windmill Manor, both senior-related residential projects. Townhomes or condominium uses would also be considered and possibly neighborhood retail along Fabyan Parkway. All the properties along Branson and Hawks Drives benefit from the in-place Braeburn Marsh water management system thus on-site storm water is not required, only conveyances. Batavia will ask for a 35-foot dedication along Fabyan Parkway to match pre-existing dedications to the east which will erode the 7.726-acre parcel by a little less than 1/2 acre. The 4.17-acre parcel will be required to dedicate an additional 10-feet along Hawks Drive, again to match Hawks Drive to the east, which will take a little less than 6,000 sf off the parcel. Sidewalks and street lighting will be required on both parcels. If residential uses are considered, land-cash contribution ordinances will be required and while an age-restricted project may get some relief from the taxing bodies, age-targeted most likely will not. There are no known recapture fees that we are aware of at this time. The 20-year old existing annexation agreement expires, we believe, this November. We will update our research and amend this information in the near term.



Full Features
Parking Spaces: 0
Water Front: No
Square Feet: N/A
Tax Amount: $232
Tax Year: 2019


Taxes & Assessments
Taxes: $232

Listing information updated 8/5/2020 at 12:24am


Listing Office: Coleman Land Company

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Batavia photo


Batavia

Batavia is a quintessentially all-American city. Featured on the cover of the Saturday Evening Post in 1958, it was once the center of transportation, energy, and industry. Founded in 1833, Batavia is the oldest city in Kane County. Batavia manufactured…

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School District(s)
Geneva CUSD 304
Elementary School
No Data Available
Middle School
Geneva Middle Sch South, Geneva Middle Sch North
High School
Geneva Community High School

School information is provided by the National Center for Education Statistics. This information should only be used as a reference and does not warrant or guarantee enrollment. Please contact applicable schools or school districts directly to verify information and enrollment eligibility.

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Nearby Public Transportation

Metra
Milwaukee District West, Union Pacific West

at Geneva Metra (2.45 miles away), Geneva


 





SWC Fabyan Pkwy & Branson Drive Batavia, Illinois 60510 is a vacant land currently listed at $4,145,000. This vacant land has been listed on @properties since July 29th, 2020. Nearby schools include Geneva Middle Sch South, Geneva Middle Sch North, Geneva Community High School. The nearest transit stops include Milwaukee District West Geneva Metra. Want to learn more about SWC Fabyan Pkwy & Branson Drive Batavia, Illinois 60510? Contact an @properties agent to request more info.


© 2020 Midwest Real Estate Data, LLC. All Rights Reserved. The accuracy of all information regardless of source including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.