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Property profile & analytics
OFF-MARKET
Land

20 And Town Hall Rd Belvidere, IL 61008

10 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 10-acre industrial land parcel presents a unique opportunity in Belvidere, Illinois. Located at the highly visible northwest corner of Chrysler Drive (Bypass 20) and Town Hall Road, this I-1 zoned property offers unparalleled access and visibility. Situated at a signalized intersection, it provides convenient entry to the Town Hall Industrial Park. The site boasts existing utilities and is strategically positioned less than five minutes from the I-90/Irene Road interchange to the west and ten minutes from the I-90/Genoa Road interchange to the east. This prime location benefits from significant traffic volume, with an estimated 4,000 trucks passing daily. The area is experiencing robust growth, with two 1.2 million square foot distribution facilities currently under construction nearby, projected to bring approximately 600 new jobs to the area. The property's land value is $2.25 per square foot. The seller is open to both outright sale and build-to-suit options, making this an ideal location for a variety of industrial developments. The property's Parcel Identification Number (PIN) is 05-33-400-006. This is a rare opportunity to acquire a premier industrial site in a thriving location.

Property profile
Verified
Property type Land
Lot 10 ac (435,600 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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