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    Armer Dr Rockford, IL 61109

    Sponsored
    For Sale
    $1,388,000

    12.75 Acres, High Traffic, CG Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 12.75-acre commercial land parcel presents a unique investment opportunity in Rockford, Illinois. Strategically located on Armer Dr., this property benefits from its proximity to both residential and retail areas, ensuring high visibility and substantial daily traffic volume. The site is ideally situated less than one mile from I-39, providing convenient access to major transportation routes and expanding the potential customer base. The area boasts a thriving business environment, with over 200 businesses within a one-mile radius. This presents a strong foundation for a variety of commercial ventures. The property is zoned CG, offering flexibility for diverse development plans. Each square foot is priced competitively at $2.50, making this a compelling value proposition. With its prime location, high traffic count, and favorable zoning, this land parcel is poised for significant growth and return on investment. The address is 67XX Armer Dr. South, Rockford, IL 61109, in Winnebago County. This offering represents a rare chance to acquire a substantial commercial land holding in a dynamic and rapidly developing area.

    Property Features for 0 Armer Dr

    General Information

    Property type
    Land
    Lot Size
    555,390 SF

    HighLights

    • $1,388,000 asking price.
    • 12.75‑acre commercial land parcel.
    • CG zoning.
    • High traffic volume location near residential and retail areas.
    • Less than one mile from I‑39.
    • 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
    -88.9810738
    Latitude
    42.2333125

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    FAQs

    What type of property is this?
    Land - 12.75 Acres, High Traffic, CG Zoning
    Where is this land located?
    The property is located at Armer Dr Rockford, IL.
    What is the asking price?
    The asking price for this property is $1,388,000.
    What are key features of this property?
    This property features: $1,388,000 asking price.; 12.75-acre commercial land parcel.; CG zoning.
    (815) 218-1371
    Request Owner's contact information
    Armer Dr Rockford, IL 61109
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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
    Armer Dr Rockford, IL 61109
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