20 And Town Hall Rd Belvidere, IL 61008
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.