5 Landmark Dr, Belvidere, IL 61008
This exceptional 4.64-acre commercial lot, designated as Lot 5 within the Landmark Logistics Park in Belvidere, Illinois, presents a unique investment opportunity. Located at 5 Landmark Drive, Boone County, zip code 61008 (APN 0533200019), this shovel-ready site is zoned I1 and offers convenient access to key transportation arteries, including Route 20 bypass, I-90/39, and the Chicago/Rockford International Airport, as well as proximity to UP Rail. The property boasts a list price of $404,237, translating to $87,120 per acre. With a total land area of 202,118 square feet, this lot is one of only two remaining in the newer Landmark Logistics Park, situated off Newburg Road in a solid industrial area. The developer/builder ownership ensures efficient and reliable construction estimates, making this an ideal site for a build-to-suit project, available for sale or lease. Furthermore, this location qualifies for Enterprise Zone incentives.
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.
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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.