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Property profile & analytics
OFF-MARKET
Land

311 Il-38 Rochelle, IL 61068

1.15 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.15-acre commercial land parcel presents a rare opportunity for development. Strategically located at 311 E Route 38 in Rochelle, Illinois, this property boasts two available outparcels situated directly adjacent to a Walmart. The high-traffic location ensures significant visibility and accessibility for any business. The property's convenient access to Route 38 guarantees substantial foot and vehicle traffic, making it ideal for a variety of commercial ventures. Rochelle's strategic position as a transportation hub, earning it the nickname "Hub City," further enhances the property's appeal. Its location at the intersection of I-39, I-88, and two major railroads provides unparalleled connectivity to regional and national markets. This prime location offers significant advantages for businesses seeking high visibility and convenient access to a large customer base. The 1.15-acre lot provides ample space for development, allowing for flexibility in design and construction. This is a unique opportunity to establish a thriving business in a dynamic and rapidly growing area. The property is located in Ogle County, Illinois, with a zip code of 61068. The coordinates are 41.937291 latitude and -89.0515349 longitude. This property is offered for sale.

Property profile
Verified
Property type Land
Lot 1.15 ac (50,094 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
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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