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    6982 Spring Brook Rd Rockford, IL 61114

    Sponsored
    For Lease
    Contact for pricing

    1-Acre Lot, Ideal for Development

    Lot size:
    26,136 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1-acre commercial land parcel presents a unique opportunity for developers seeking a strategic location in Winnebago County. Situated just 3 miles from the intersection of East State Street and Interstate 90, this property boasts unparalleled accessibility and visibility. Its single-tenant designation offers flexibility for a variety of commercial ventures, from retail establishments to light industrial uses. The land is currently undeveloped, providing a blank canvas for a custom-designed project. The proximity to major transportation arteries ensures convenient access for employees, customers, and suppliers. This prime location offers significant potential for high returns on investment, making it an attractive proposition for discerning investors and developers. The property's size and location make it suitable for a range of commercial developments, catering to diverse business needs. Its strategic positioning near a major interstate and a busy thoroughfare guarantees high traffic volume and excellent exposure. This is a rare opportunity to acquire a sizable, well-located commercial land parcel in a thriving area. The property is ready for immediate development, eliminating lengthy permitting processes and allowing for swift project commencement. Serious inquiries are encouraged to explore the full potential of this exceptional investment opportunity. The property is zoned for commercial use. Further details regarding zoning regulations and development possibilities are available upon request.

    Property Features for 6982 Spring Brook Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    26,136 SF

    Unit(s) available at that property

    Space
    Size
    26,136 SF

    HighLights

    • 1 acre commercial land parcel in Winnebago County.
    • Single‑tenant property.
    • Located 3 miles from East State Street and I‑90, ideal for new development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Rockford
    County
    Winnebago
    State
    Illinois
    Longitude
    -88.980055566996
    Latitude
    42.30452702418

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    FAQs

    What type of property is this?
    Land - 1-Acre Lot, Ideal for Development
    Where is this land located?
    The property is located at 6982 Spring Brook Rd Rockford, IL.
    What are key features of this property?
    This property features: 1 acre commercial land parcel in Winnebago County.; Single-tenant property.; Located 3 miles from East State Street and I-90, ideal for new development.
    Request Owner's contact information
    6982 Spring Brook Rd Rockford, IL 61114
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    Rockford, IL 61114
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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
    6982 Spring Brook Rd Rockford, IL 61114
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