42°14'07.8"N Belvidere, IL 61008
- Land
- 5.25 lot acres
Current Use by Public Records
- Land
Property Details for 0 42°14'07.8"N
- Lot size
- 5.25 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 5.25-acre commercial and industrial land parcel presents a unique investment opportunity in Belvidere, Illinois. Located at the highly visible northeast corner of Pearl Street and Service Road, this property boasts unparalleled visibility and accessibility due to its proximity to I-90. The flexible commercial/industrial zoning allows for a wide range of development possibilities, catering to diverse business needs. Utilities are readily available in the immediate vicinity, simplifying infrastructure development. The site's strategic location offers significant advantages, placing it just minutes away from the Belvidere Stellantis Assembly Plant, creating potential for synergistic business development and attracting a strong workforce. The asking price for this prime development land is $460,000. This rare opportunity combines prime location, flexible zoning, and excellent accessibility, making it an ideal investment for developers and businesses seeking a strategic foothold in a thriving industrial area. The property's address is precisely 42°14'07.8"N 88°50'28.3"W, within Boone County, Illinois, zip code 61008. The site's significant acreage and strategic location make it a compelling prospect for a variety of commercial and industrial ventures.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Belvidere
- County
- Boone
- State
- Illinois
- Longitude
- -88.8417
- Latitude
- 42.2356
