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Lot 6 Corporate Parkway, Belvidere, IL, 61008
Enterprise Zone Industrial Land

Lot 6 Corporate Parkway Belvidere, IL 61008

For Sale
$207,000

Industrial land with visibility to Hwy 20 and described Enterprise Zone development incentives including building permit and materials savings.

Days on Market1138

Property Features for Lot 6 Corporate Parkway

General Information

Standard status
Active
Property subtype
Land
Listing Agency: Hometown Realty, Ltd.
Listed By: Thomas Jurs · License #471009753
Source: Compass
Added: Jun 14, 2023 Changed: Jul 23 Last Checked: Jul 24 at 2:07PM

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 Hometown Realty, Ltd.


Investment Insights

Based on property information with market context.

This offering is for industrial land designated as part of an Enterprise Zone. The property information states there are tax reduction incentives across multiple years: 80% in year 1, 60% in year 2, 40% in year 3, and 20% in year 4. The remarks also indicate a building permit is listed as half off, along with no sales tax on building materials.

The listing further notes high visibility to Hwy 20. The property is identified as Lot 6 Corporate Parkway in Belvidere, IL 61008.

For additional details on the incentives and terms referenced in the remarks, the listing directs buyers to review the brochure.

Key Highlights

  • Land in an Enterprise Zone with described tax reduction incentives: 80% year 1, 60% year 2, 40% year 3, and 20% year 4
  • Building permit listed as half off
  • No sales tax on building materials (as stated in the remarks)

Property Analytics

Location Intelligence

Current Use by Public Records

Industrial land

Suggested Use

Real Estate Agency Building Supply Law Firm Dental Office Big Box & Wholesale Store Spa & Massage Center Hair Salon Auto Parts Store HVAC Service Nail Salon

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

FAQs

What type of property is this?
Industrial land - Industrial land with visibility to Hwy 20 and described Enterprise Zone development incentives including building permit and materials savings.
Where is this industrial land located?
The property is located at Lot 6 Corporate Parkway Belvidere, IL.
What is the asking price?
The asking price for this property is $207,000.
What are key features of this property?
This property features: Land in an Enterprise Zone with described tax reduction incentives: 80% year 1, 60% year 2, 40% year 3, and 20% year 4; Building permit listed as half off; No sales tax on building materials (as stated in the remarks)
More about this property
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