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    OFF-MARKET
    Land

    000 Shattuck Rd, Garden Prairie, IL 61008

    25 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 73.84-acre commercial property in Boone County, Illinois, presents a unique investment opportunity. Located at 000 Shattuck Rd, Belvidere, IL 61008, this parcel boasts 69.24 FSA tillable acres, ideal for agricultural pursuits. The land is zoned for agriculture and features a productivity index (PI) of 113, based on Surety information, and a PLC yield of 130. Access is provided via a recorded 20-foot wide easement off Shattuck Road, as confirmed by the Boone County Recorder's Office. The property is currently leased for the year 2024, offering immediate income potential. The asking price is $732,303, translating to $9,900 per acre. The APN is 0802300007. This fertile farmland presents a compelling investment opportunity for those seeking a productive agricultural asset in a desirable location. The property's size, productivity metrics, and existing lease agreement make it an attractive prospect for both seasoned investors and those new to agricultural land ownership. The convenient access and established agricultural use further enhance its appeal. Detailed information regarding the lease agreement is available upon request. Don't miss this chance to acquire a substantial piece of prime Illinois farmland.

    Property profile
    Verified
    Property type Land
    Lot 25 ac (1,089,000 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
    AI Approach AI
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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