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3792 Morreim Dr Belvidere, IL 61008

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For Sale
$158,558

1.82 ac heavy industrial land with Enterprise Zone benefits.

Lot size:
1.82 Acres

Property Features for 3792 Morreim Dr

General Information

Lot size
1.82 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

Industrial Land Site For Sale

This 1.82-acre heavy industrial land site is available for sale or build-to-suit. The development is located adjacent to Highway Route 20 in Belvidere, Illinois, and offers convenient access to I-90/39 via Genoa Road and Irene Road. The property benefits from its location within an Enterprise Zone, which includes 0% sales tax on all construction materials. It also offers property tax abatements of 80% in year 1, 60% in year 2, 40% in year 3, and 20% in year 4 on all improvements.
Insight Report Location Intelligence

Current Use by Public Records

Industrial land

Suggested Use

Spa & Massage Building Supply Hair Salon Wholesale Shop Auto Repair Shop 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
-88.8866215
Latitude
42.2432003

FAQs

What type of property is this?
Industrial land - 1.82 ac heavy industrial land with Enterprise Zone benefits.
Where is this industrial land located?
The property is located at 3792 Morreim Dr Belvidere, IL.
What is the asking price?
The asking price for this property is $158,558.
What are key features of this property?
This property features: - Enterprise Zone Benefits: 0% sales tax on construction materials and property tax abatements.; - Heavy industrial land site suitable for sale or build-to-suit.; - Convenient access to I-90/39 via Genoa Rd and Irene Rd.
More about this property
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