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    OFF-MARKET
    Land

    6780 Fincham Dr, Rockford, IL 61108

    12.39 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 12.39-acre commercial and industrial land parcel presents a unique investment opportunity in Rockford, Illinois. Located at 6780 Fincham Dr, 61108, this property boasts a prime location just west of the heavily trafficked intersection of Perryville and Fincham Roads, experiencing over 20,000 vehicles daily. The land is zoned for commercial use and is divisible, offering flexibility for various development projects. Its strategic position provides easy access to major transportation arteries, including I-90, I-39, and US Bypass 20, further enhancing its appeal. The proximity to the Chicago Rockford International Airport, a rapidly expanding cargo airport, adds significant long-term value. This site is surrounded by a mix of residential and commercial properties, making it ideal for retail, multi-tenant, light industrial, medical office, or high-density residential development. The asking price is $1,618,672, with a land value of $3 per square foot. High traffic counts at the Perryville and State Street intersection further underscore the property's exceptional visibility and potential. Don't miss this chance to acquire a highly desirable parcel in a thriving area.

    Property profile
    Verified
    Property type Land
    Lot 12.39 ac (539,708 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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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