Property summary
This exceptional commercial land opportunity in Belvidere, Illinois, presents a unique chance for retail or commercial development. Located on Logan Avenue, just east of Belvidere Road (Business 20), the property boasts a highly desirable location with excellent visibility and accessibility. The site ranges from 0.99 to 3 acres, offering flexibility for various development projects. The area is characterized by a strong mix of residential neighborhoods and established commercial businesses, including prominent retailers such as Blain's Farm & Fleet, Walmart, Applebee's, Subway, Starbucks, Aaron's, Midland States Bank, Verizon, and OSF Healthcare. This strategic location ensures high traffic volume and a substantial customer base. Benefit from low Boone County taxes and a competitive price point of $8.50 to $13.50 per square foot. The property's size and prime location make it an ideal investment for developers seeking a high-return opportunity in a thriving market. This is a rare chance to acquire a significant parcel of land in a rapidly growing area with strong potential for future appreciation. The property is situated in Boone County, Illinois, with a zip code of 61008. Don't miss this exceptional opportunity to build your next commercial venture.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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