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    OFF-MARKET
    Land

    0 Perryville And Fincham, Rockford, IL 61108

    14.97 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 14.97-acre commercial land parcel presents a unique investment opportunity in Rockford, Illinois. Located at the southwest corner of Fincham Drive and Perryville Road in Winnebago County, this property boasts a highly desirable location within a thriving mix of retail, commercial, and residential areas. The zoning is designated as Commercial, making it ideal for a variety of uses, including retail development or a multi-tenant complex. The strategic location offers excellent visibility and accessibility, with high traffic counts on Perryville Road. Furthermore, its proximity to major transportation arteries provides unparalleled convenience. Specifically, it's conveniently located near I-90, I-39, and US Bypass 20, ensuring easy access for both employees and customers. The property's proximity to Chicago Rockford International Airport further enhances its appeal. The land is priced at $1,956,280, translating to a land value of $3 per square foot. This represents a compelling opportunity to acquire a significant commercial land holding in a rapidly growing area with strong potential for future development and substantial return on investment. The property's size and location make it an attractive prospect for businesses seeking a prominent presence in a bustling commercial corridor.

    Property profile
    Verified
    Property type Land
    Lot 14.97 ac (652,093 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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