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    OFF-MARKET
    Land

    3XX Ware Ave, Rockford, IL 61107

    1.22 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.22-acre commercial land parcel presents a remarkable investment opportunity in Rockford, Illinois. Located at 3XX Ware Avenue, zip code 61107, this property is zoned C2, offering a wide range of potential commercial development options. The expansive lot size provides ample space for various projects, from small-scale retail businesses to larger-scale commercial ventures. Its strategic location within Rockford ensures excellent visibility and accessibility, making it an ideal site for attracting customers and clients. The property's address is easily identifiable and conveniently situated within the city's established commercial infrastructure. With its prime location and flexible zoning, this land parcel represents a significant opportunity for investors seeking to establish a presence in a thriving Illinois market. The asking price of $299,000 makes this an attractive proposition for those looking to capitalize on Rockford's growing economy. Serious inquiries are encouraged to explore the full potential of this exceptional commercial land offering. The property is ready for development, providing a streamlined path to realizing your commercial vision. Don't miss this chance to acquire a valuable asset in a dynamic and promising location. Further details are available upon request.

    Property profile
    Verified
    Property type Land
    Lot 1.22 ac (53,143 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
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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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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