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    984 Landmark Dr Belvidere, IL 61008

    For Lease
    Contact for pricing

    Proposed 117,000 SF industrial building near Stellantis Assembly Plant.

    Property size:
    117,000 SF
    Lot size:
    8.63 Acres

    Property Features for 984 Landmark Dr

    General Information

    Size
    117,000 SF
    Lot size
    8.63 Acres

    Source: LANDMARK REAL ESTATE GROUP LLC Agent C. Shane Van Sickle, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Belvidere Industrial Building Opportunity

    A proposed 117,000 square foot industrial building is planned for construction in Belvidere, Illinois. The building is expandable and located near the Stellantis Assembly Plant, offering proximity to the Irene Road and Genoa Road interchanges of I-90. Situated within a stabilized industrial park on a developer-owned, build-ready lot, this turnkey build-to-suit opportunity can be customized. Enterprise Zone benefits are applicable. The property is adjacent to U.P. Rail.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Auto Parts Store Department Store Kitchen & Bath Food Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Belvidere
    County
    Boone
    State
    Illinois
    Longitude
    -88.8918646
    Latitude
    42.2493365

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    FAQs

    What type of property is this?
    Manufacturing property - Proposed 117,000 SF industrial building near Stellantis Assembly Plant.
    Where is this manufacturing property located?
    The property is located at 984 Landmark Dr Belvidere, IL.
    What are key features of this property?
    This property features: - 117,000 SF industrial building expandable to your needs.; - Build-to-suit opportunity, fully customizable to your specifications.; - Located near Stellantis Assembly Plant.
    (815) 979-0242
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    984 Landmark Dr Belvidere, IL 61008
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