Property profile

0 Vandiver Rd Rockford, IL 61112

OFF-MARKET
Land
13.39 ac lot
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Property summary

AI-generated overview

This exceptional 13.39-acre commercial land parcel presents a unique investment opportunity in Rockford, Illinois. Strategically located on Vandiver Rd, the property benefits from a high volume of daily traffic, ideal for a variety of commercial uses. Its proximity to both residential areas and existing retail establishments ensures strong customer accessibility. The site is conveniently situated less than one mile from I-39, providing excellent regional connectivity and accessibility for employees and customers. A thriving business environment surrounds the property, with over 200 businesses within a one-mile radius, indicating a robust and established market. The property is zoned CG, offering flexibility for various commercial developments. Each square foot is priced at $2.50, representing a competitive value proposition in this desirable location. Detailed site plans and zoning information are available upon request. This is an exceptional opportunity to acquire a significant commercial land holding in a high-growth area of Rockford, offering substantial potential for development and return on investment. The property's location and zoning make it suitable for a wide range of commercial ventures, from retail and office spaces to light industrial uses. Don't miss this chance to secure a prime piece of commercial real estate in a dynamic and growing market. The asking price for the entire 13.39-acre parcel is $1,458,000.

Property profile

Verified
Property type Land
Lot 13.39 ac (583,268 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Vandiver Rd Rockford, IL 61112
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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