Property profile

6780 Fincham Dr Rockford, IL 61108

OFF-MARKET
Land
12.39 ac lot
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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

Location

6780 Fincham Dr Rockford, IL 61108
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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