Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    6952 Rote Rd Rockford, IL 61107

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    5,548 SF office suite with high-traffic Perryville Road frontage.

    Property size:
    5,548 SF
    Lot size:
    1.61 Acres

    Property Features for 6952 Rote Rd

    General Information

    Size
    5,548 SF
    Lot size
    1.61 Acres

    We can help!

    Listing Contact
    George Licari
    George Licari
    Source: Moodyscre

    Listing Agency: Dickerson Nieman Commercial Listing Agent: George Licari

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

    Learn more

    Property Insight Report

    Overview

    High-Visibility Office Space Available

    This 5,548 square foot office space is available for lease. The suite features private offices, an open area suitable for cubicles or team collaboration, and a spacious conference room. A welcoming reception area is also included. The floorplan is designed to be flexible to meet various business needs. The property benefits from frontage on Perryville Road, with traffic volume exceeding 23,700 vehicles per day, offering high exposure and convenient access for both staff and clients. This office space is suitable for companies seeking a location with visibility.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    FIGmd, Inc (Bike/Boat/Book/etc) Store Stifel Bank Polaris FIGmd Medical Transcription Service Rowe Dumpster Rental Waste Management Facility Big Beginning Rehabilitation ... Rehabilitation Center

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Rockford
    County
    Winnebago
    State
    Illinois
    Longitude
    -88.9810703
    Latitude
    42.2913575

    Nearby Similar for Lease

    • Contact for pricing

      Rockford Commercial Space For Lease

      Neighborhood strip center with flexible layouts for various businesses.
      6935 11Th St, Rockford, IL 61109
      View Details
    • Contact for pricing

      Rockford Commercial Space For Rent

      Neighborhood strip center with flexible layouts for various businesses.
      6935 11Th St, Rockford, IL 61109
      View Details
    • Contact for pricing

      Rockford Commercial Space For Rent

      Neighborhood strip center with flexible layouts for various businesses.
      6935 11Th St, Rockford, IL 61109
      View Details
    • Contact for pricing

      Rockford Commercial Space For Rent

      Neighborhood strip center with flexible layouts for various businesses.
      6935 11Th St, Rockford, IL 61109
      View Details
    • Contact for pricing

      Rockford Commercial Space For Lease

      Prime location with flexible layouts for various businesses.
      6935 11Th St, Rockford, IL 61109
      View Details
    • Contact for pricing
      23,000 SF

      Industrial Space with Office Options

      Industrial and office space available in Rockford, Illinois.
      5242 28Th Ave, Rockford, IL 61109
      View Details
    • $19 SF/Yr
      5,511 SF

      Turnkey Bar & Grill Opportunity

      Fully equipped bar and grill available for lease assignment.
      5880 E State St, Rockford, IL 61108
      View Details
    • $11 SF/Yr

      Rockford East Side Retail Center

      Retail and office spaces available in established Rockford shopping center.
      3600 East State St, Rockford, IL 61108
      View Details
    • $14 SF/Yr

      Rockford Retail/Office Space Available

      Retail and office units available in established neighborhood center.
      300-320 N Alpine Rd, Rockford, IL 61107
      View Details
    • $12 SF/Yr

      Machesney Park Retail Space Available

      Retail and office spaces available in neighborhood shopping center.
      613-633 Harlem Rd, Machesney Park, IL 61115
      View Details
    • Contact for pricing
      1,000 SF

      Retail Space in High-Traffic Area

      10,000 SF retail space in a brick strip center.
      109 North Show Place Dr, Rockford, IL 61107
      View Details
    • Contact for pricing
      15,076 SF

      Class A Office Building

      67,000 SF Class A office building for rent.
      973 Featherstone Rd, Rockford, IL 61107
      View Details

    FAQs

    What type of property is this?
    Office units - 5,548 SF office suite with high-traffic Perryville Road frontage.
    Where is this office units located?
    The property is located at 6952 Rote Rd Rockford, IL.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic Perryville Road frontage with 23,700+ vehicles per day for **maximum exposure**.; - 5,548 sq. ft. **office suite suitable for business growth**.; - Flexible floorplan to meet various business needs.
    (815) 877-5995 Call to check price and availability
    Request Owner's contact information
    6952 Rote Rd Rockford, IL 61107
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6952 Rote Rd
    Rockford, IL 61107
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    6952 Rote Rd Rockford, IL 61107
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing George Licari
    George Licari
    (815) 877-5995 (815) 978-4534 (815) 381-1146
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!