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High-Visibility Industrial Land

Lot 9 Keene Pkwy Belvidere, IL 61008

Lot 9 Keene Pkwy, Belvidere, IL, 61008
$340,000
For Sale
$340,000

Industrial land with Enterprise Zone incentives, including phased tax reductions and building permit and materials tax benefits.

Days on Market738

Property Features for Lot 9 Keene Pkwy

General Information

Standard status
Active
Property subtype
Land
Listing agency Hometown Realty, Ltd.
Listed by Thomas Jurs · License #471009753
Source Exprealty
Added: Jul 15, 2024 Updated: Jul 21 at 3:11PM Checked: Jul 21 at 3:11PM

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 Lot 9 on Keene Pkwy, an industrial land parcel with Enterprise Zone benefits described in the available remarks. The incentives include 80% tax reduction in year 1, 60% in year 2, 40% in year 3, and 20% in year 4, along with a building permit described as “half off.” The remarks also state there is no sales tax on building materials, and that the site has high visibility to Hwy 20.

For development planning, the availability of these incentive items may be a key factor for qualifying projects. Please review the brochure referenced in the remarks for additional details tied to the stated benefits.

Key Highlights

  • Land located in an Enterprise Zone offering phased tax reductions: 80% in year 1, 60% in year 2, 40% in year 3, and 20% in year 4.
  • Building Permit is listed as half off.
  • No sales tax on all building materials (per the provided remarks).

Property Analytics

Location Intelligence

Current Use by Public Records

Industrial land

Suggested Use

Real Estate Agency Dental Office Building Supply Law Firm Big Box & Wholesale Store Spa & Massage Center Hair Salon Auto Repair Shop Auto Parts Store Restaurant

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

FAQs

What type of property is this?
Industrial land - Industrial land with Enterprise Zone incentives, including phased tax reductions and building permit and materials tax benefits.
Where is this industrial land located?
The property is located at Lot 9 Keene Pkwy Belvidere, IL.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: Land located in an Enterprise Zone offering phased tax reductions: 80% in year 1, 60% in year 2, 40% in year 3, and 20% in year 4.; Building Permit is listed as half off.; No sales tax on all building materials (per the provided remarks).
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