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    OFF-MARKET
    Land

    I-90 & Town Hall, Belvidere, IL 61008

    160 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 160-acre commercial land parcel presents a significant investment opportunity in Boone County, Illinois. Strategically located just south of Belvidere city limits, this property boasts approximately 2,746 feet of frontage on I-90, directly west of the I-90/Irene Road interchange, ensuring high visibility and accessibility. The site benefits from exceptional daily traffic counts of 24,000 vehicles on I-90, making it ideal for a variety of commercial developments. Situated in unincorporated Belvidere, the property's location offers advantages in terms of zoning and development potential. The land is conveniently located approximately 27 miles from Downtown Rockford, providing access to a larger regional market. The property includes two PIN numbers: 07-04-300-002 and 07-04-400-001. Annual property taxes are $4,797. The asking price is $7,200,000, representing a price per acre of $45,000. This prime location and substantial acreage offer unparalleled potential for significant return on investment. Contact us today for further details and to explore the possibilities.

    Property profile
    Verified
    Property type Land
    Lot 160 ac (6,969,600 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
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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