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Property profile & analytics

2590 Mcfarland Rd Rockford, IL 61107

  • Commercial land
  • 2.37 lot acres
For Lease
Last Sale
Nov 24, 2020
$1,115,500
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US28-1693184
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial land

Property Details for 2590 Mcfarland Rd

Lot size
2.37 lot acres
Zone code
C2
Property type
Commercial land
APN
12-11-352-012
APU
1211352012

Description

This exceptional 2-acre commercial land parcel presents a unique opportunity for developers seeking a prime location in Winnebago County. Strategically situated just 3 miles from the intersection of East State Street and Interstate 90, this property offers unparalleled access to major transportation arteries, ensuring high visibility and convenient access for businesses and customers. The single-tenant designation provides flexibility for a variety of development projects, allowing for customized design and construction to meet specific needs. The expansive 2-acre lot provides ample space for a wide range of commercial ventures, from retail establishments and office buildings to light industrial facilities or warehousing. Its proximity to I-90 and East State Street guarantees significant traffic flow and exposure, making it an ideal location for businesses seeking to establish a strong presence in a thriving market. The land is currently vacant and ready for immediate development, eliminating delays associated with site preparation and allowing for a swift start to construction. This presents a rare opportunity to acquire a highly desirable commercial property in a strategic location with excellent accessibility and growth potential. Serious inquiries are encouraged to explore the possibilities this exceptional land parcel offers. The property is zoned for commercial use. Further details regarding zoning regulations and development guidelines are available upon request.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Rockford
County
Winnebago
State
Illinois
Longitude
-88.9786
Latitude
42.298
CBSA code
40420
CBSA name
ROCKFORD, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$12,642
$121,750
$0.00
$121,750
-
$365,250
$0.00
$365,250
More about this property
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