Property profile

0 Perryville And Fincham Rockford, IL 61108

OFF-MARKET
Land
14.97 ac lot
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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

Location

Perryville And Fincham Rockford, IL 61108
Rockford metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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