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65XX Meridian Rd Rockford, IL 61102

OFF-MARKET Land Google Maps
6.29 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 6.29-acre commercial land parcel presents a unique investment opportunity in Rockford, Illinois. Located at 65XX Meridian Rd, this property boasts a highly desirable location at the corner of South Meridian and South Main, offering excellent visibility and accessibility. The land is zoned AG, providing flexibility for a variety of commercial uses, subject to city approvals. The asking price is $99,000, translating to an attractive price per acre of $15,739. This represents a compelling value for developers or investors seeking a strategically positioned site in a growing area. The property's substantial size allows for ample development potential, catering to a wide range of commercial projects. Its prime corner location ensures high traffic visibility, making it an ideal site for businesses seeking maximum exposure. Detailed zoning information and development possibilities can be obtained through the appropriate city planning department. This is a rare opportunity to acquire a significant commercial land parcel in a key Rockford location at a competitive price. Serious inquiries are encouraged to explore the full potential of this exceptional property. The property address is 65XX Meridian Rd, Rockford, IL 61102.

Property profile

Verified
Property type Land
Lot 6.29 ac (273,992 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

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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