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    OFF-MARKET
    Land

    20 Belvidere Il 61008, Belvidere, IL 61008

    20 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 20-acre commercial land parcel, totaling 871,200 square feet, presents a unique investment opportunity in Belvidere, Illinois. Strategically located at the intersection of Genoa Road and Route 20, this property boasts 155 feet of frontage on Genoa Road and offers unparalleled visibility. Its convenient location, just 0.1 miles from I-90, ensures easy access for both employees and customers. The site is zoned for commercial use and is surrounded by a thriving mix of established businesses, including Walmart, Dunkin' Donuts, Starbucks, AT&T, Great Clips, Rosati's Pizza, Taco Bell, Applebee's, Aaron's, Oakley Industries, Magna, and Aroma Hill Dispensary. This high-traffic area guarantees significant exposure and potential for substantial returns. The property's size and location make it ideal for a variety of commercial developments, offering significant potential for future growth and profitability. The single-tenant zoning provides flexibility for a range of uses. This is a rare opportunity to acquire a prime commercial land parcel in a rapidly developing area with excellent access and visibility. Don't miss out on this exceptional investment opportunity.

    Property profile
    Verified
    Property type Land
    Lot 20 ac (871,200 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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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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