0 Armer Dr Rockford, IL 61109
This exceptional 10.15-acre commercial land parcel presents a unique investment opportunity in Rockford, Illinois. Strategically located near a thriving mix of residential and retail establishments, this property benefits from a high volume of daily traffic, ensuring excellent visibility and accessibility for any commercial venture. Its proximity to Interstate 39 (less than one mile) provides easy access to major transportation routes, further enhancing its appeal. The area boasts a robust business environment, with over 200 businesses within a one-mile radius, creating a strong foundation for growth and success. The property is zoned CG, offering flexibility for a variety of commercial uses. Each lot is priced at $2.50 per square foot, representing a compelling value proposition for developers and investors seeking a prime location in a dynamic market. This substantial acreage offers significant potential for a wide range of commercial developments, capitalizing on the existing infrastructure and high traffic count. The property's location in Winnebago County, with a Rockford address and 61109 zip code, provides easy identification and access. This is an exceptional opportunity to acquire a significant commercial land parcel in a high-demand area.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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.