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    Vandiver Rd Rockford, IL 61112

    Sponsored
    For Sale
    $1,458,000

    13.39 Acres, High Traffic Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 13.39-acre commercial land parcel presents a unique investment opportunity in Rockford, Illinois. Strategically located on Vandiver Rd, the property benefits from a high volume of daily traffic, ideal for a variety of commercial uses. Its proximity to both residential areas and existing retail establishments ensures strong customer accessibility. The site is conveniently situated less than one mile from I-39, providing excellent regional connectivity and accessibility for employees and customers. A thriving business environment surrounds the property, with over 200 businesses within a one-mile radius, indicating a robust and established market. The property is zoned CG, offering flexibility for various commercial developments. Each square foot is priced at $2.50, representing a competitive value proposition in this desirable location. Detailed site plans and zoning information are available upon request. This is an exceptional opportunity to acquire a significant commercial land holding in a high-growth area of Rockford, offering substantial potential for development and return on investment. The property's location and zoning make it suitable for a wide range of commercial ventures, from retail and office spaces to light industrial uses. Don't miss this chance to secure a prime piece of commercial real estate in a dynamic and growing market. The asking price for the entire 13.39-acre parcel is $1,458,000.

    Property Features for 0 Vandiver Rd

    General Information

    Property type
    Land
    Lot Size
    583,268 SF

    HighLights

    • $1,458,000 asking price.
    • 13.39‑acre commercial land parcel.
    • CG zoning.
    • High traffic volume location near residential and retail areas.
    • Less than one mile from I‑39.
    • Over 200 businesses within a one‑mile radius.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Rockford
    County
    Winnebago
    State
    Illinois
    Longitude
    -88.97754437
    Latitude
    42.23884026

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    FAQs

    What type of property is this?
    Land - 13.39 Acres, High Traffic Area
    Where is this land located?
    The property is located at Vandiver Rd Rockford, IL.
    What is the asking price?
    The asking price for this property is $1,458,000.
    What are key features of this property?
    This property features: $1,458,000 asking price.; 13.39-acre commercial land parcel.; CG zoning.
    (815) 218-1371
    Request Owner's contact information
    Vandiver Rd Rockford, IL 61112
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    Rockford, IL 61112
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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
    Vandiver Rd Rockford, IL 61112
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