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    Rockford IL Nec Auburn St & Central Ave Rockford, IL 61101

    Sponsored
    For Sale
    Contact for pricing

    Prime Commercial/Industrial Land, Rockford, IL

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4.8-acre parcel presents a unique investment opportunity in Rockford, Illinois. Strategically located at the northeast corner of Auburn Street and Central Avenue, this property offers significant potential for diverse commercial or industrial development. The land is situated along Central Avenue, a major retail corridor, with prominent businesses such as Walgreens, McDonald's, Popeyes, and a BP gas station in close proximity. This high-visibility location ensures excellent exposure and accessibility. The northern border of the property adjoins North Fort Bent Creek, offering a natural aesthetic element. The surrounding area features a mix of retail, industrial, and residential properties, creating a dynamic and thriving environment. The property's size and location make it ideal for a variety of uses, catering to a broad range of development possibilities. This is a rare opportunity to acquire a substantial land parcel in a prime Rockford location with excellent visibility and access to major roadways and established businesses. The property is zoned for commercial and industrial uses, offering flexibility for various development projects. Detailed zoning information is available upon request. This exceptional property is offered for sale by owner.

    Property Features for Rockford IL Nec Auburn St & Central Ave

    General Information

    Property type
    Land
    Lot Size
    209,088 SF

    HighLights

    • 4.8‑acre parcel in Rockford, IL, at the northeast corner of Auburn St and Central Ave.
    • High‑visibility location on Central Ave, a major retail corridor, near Walgreens, McDonald's, Popeyes, and a BP gas station.
    • Northern border adjoins North Fort Bent Creek.
    • Surrounded by retail, industrial, and residential properties.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Rockford
    County
    Winnebago
    State
    Illinois
    Longitude
    -89.116009678329
    Latitude
    42.288956826751

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    FAQs

    What type of property is this?
    Land - Prime Commercial/Industrial Land, Rockford, IL
    Where is this land located?
    The property is located at Rockford IL Nec Auburn St & Central Ave Rockford, IL.
    What are key features of this property?
    This property features: 4.8-acre parcel in Rockford, IL, at the northeast corner of Auburn St and Central Ave.; High-visibility location on Central Ave, a major retail corridor, near Walgreens, McDonald's, Popeyes, and a BP gas station.; Northern border adjoins North Fort Bent Creek.
    Request Owner's contact information
    Rockford IL Nec Auburn St & Central Ave Rockford, IL 61101
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    Rockford, IL 61101
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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
    Rockford IL Nec Auburn St & Central Ave Rockford, IL 61101
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