Open-Layout Retail
For Sale
Contact for pricing
5671 Wansford Way, Rockford, IL 61109
Bright commercial space with customer parking and convenient access to major roads.
Property Size1,202 SF
Price / SF$0.01
Days on Market724
Property Features for 5671 Wansford Way
General Information
Standard status
Active
Size
1,202 SF
Building Details
Year Built
2000
Stories
1
Listing Agency:
Century 21 Affiliated - Rockford
Listed By:
Mona Ibrahim · License #475208197
(779) 771-3555
Source:
Compass
Added: Oct 23, 2024
Changed: Oct 10
Last Checked: Oct 15 at 1:38AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Affiliated - Rockford
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,202-square-foot retail space in Rockford offers a bright, open interior that can be adapted to a new occupant’s requirements. The building was constructed in 2000, and the layout provides a straightforward foundation for customization.
Located at 5671 Wansford Way, the property is surrounded by local businesses and provides convenient access to major roads. Parking is available for customers and staff, supporting day-to-day retail operations.
Located at 5671 Wansford Way, the property is surrounded by local businesses and provides convenient access to major roads. Parking is available for customers and staff, supporting day-to-day retail operations.
Key Highlights
- 1,202 square feet of retail space
- Bright, open interior layout
- Interior ready for customization
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,615
Suggested Prices Based on Cap Rates
Cap Rate 5%
$292,300
$292.3K
Cap Rate 7%
$208,786
$208.8K
Cap Rate 9%
$162,389
$162.4K
Market Conditions
NOI Build-Up for 1,202 SF
Gross rent
$21.6K $18.00/SF
− Vacancy
−$757 −$0.63/SF
EGI
$20.9K $17.37/SF
− OpEx
−$6.3K −$5.21/SF
NOI
$14.6K $12.16/SF
Area
Rockford, IL
Vacancy
3.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$292,300
Cap Rate 7%
$208,786
Cap Rate 9%
$162,389
Alternative Uses
Best Use
Retail
$208.8K
$182.7K – $243.6K
NOI $14,615 @ 7.0% cap · market cap 97,433.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$319.7K
$279.8K – $373.0K
NOI $22,380 @ 7.0% cap · market cap 149,200.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
236
Businesses Nearby
68k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 68%
Dining 31%
Home Improvements & Furnishings 2%
Culver's
Dining
20,958 visits/mo
0.1 miles
Rockford #1
Shops & Services
20,868 visits/mo
0.3 miles
Mobil
Shops & Services
13,400 visits/mo
0.0 miles
PNC Bank
Shops & Services
6,776 visits/mo
0.4 miles
Kelley's Market
Shops & Services
5,271 visits/mo
0.0 miles
Demographics for 61109, IL
26,958
Population
11,829
Households
2.3
Avg Household Size
38
Median Age
18%
College-Educated
85%
High-School Grad
38.5 sq mi
ZIP Area
700
Density / Sq Mi
$61,702
Median Household Income
$38,375
Median Earnings
$916
Median Rent
$124,900
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - Bright commercial space with customer parking and convenient access to major roads.
Where is this retail space located?
The property is located at 5671 Wansford Way Rockford, IL.
What are key features of this property?
This property features: 1,202 square feet of retail space; Bright, open interior layout; Interior ready for customization
