1911 Pierce Ct, Belvidere, IL 61008-1742
This exceptional commercial land parcel, located at 1911 Pierce Court in Belvidere, Illinois, presents a remarkable opportunity for investors and businesses alike. Priced competitively at $55,000, this property offers significant potential for development. Situated in Boone County, with a 61008 zip code, the lot enjoys convenient access to key transportation routes and amenities. The address is precisely 1911 Pierce Ct, Belvidere, IL, with GPS coordinates of 42.277136 latitude and -88.863935 longitude. This is one of two similar lots available; purchasing both would provide expanded space for larger projects. The property's ideal location makes it suitable for a wide range of commercial ventures, from offices to retail establishments. Its strategic positioning within Belvidere offers excellent visibility and accessibility, ensuring a strong foundation for any business looking to establish a presence in this thriving community. The asking price represents an attractive entry point into the Belvidere commercial real estate market, making this an opportunity not to be missed. Serious inquiries are encouraged to explore the full potential of this valuable property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.