0 Xxxx Royal Oaks Rd, Rockford, IL 61107
This exceptional 10.84-acre commercial land parcel presents a unique investment opportunity in Rockford, Illinois. Strategically located just north of I-90 (64,800 vehicles per day), at the busiest interchange in Rockford, this property boasts unparalleled visibility and accessibility. The site is conveniently situated near the intersection of Lyford Road and East State Street, providing easy access to major thoroughfares. The property's C1 zoning allows for a variety of commercial uses. The land may be divided, offering flexibility for developers and investors. Its proximity to the Hard Rock Casino, slated to open in 2024, further enhances its potential for significant future growth and value appreciation. The asking price is just under $855,000 for the entire site, encompassing two parcels with APNs 12-23-228-005 & 12-23-228-006. Located at XXXX Royal Oaks Rd and 79XX Brixham Rd, Rockford, IL 61107, this property offers a compelling combination of location, size, and potential, making it an ideal investment for discerning buyers. The property is situated in Winnebago County.
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.
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.