0 Perryville And Fincham, Rockford, IL 61108
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.
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.