5 Landmark Dr Belvidere, IL 61008
- Land
- 4.64 lot acres
Current Use by Public Records
- Land
Property Details for 5 Landmark Dr
- Lot size
- 4.64 lot acres
- Property type
- Land
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Belvidere
- County
- Boone
- State
- Illinois
- Longitude
- -88.8932
- Latitude
- 42.2534
