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    OFF-MARKET
    Commercial land

    1911 Pierce Ct, Belvidere, IL 61008-1742

    0.67 ac lot
    Entity Owned 19-yr Hold ~ Est. High Equity
    Property ID
    US28-4385454
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 0.67 ac (28,994 SF)
    APN 05-22-280-008
    UPID US28-4385454
    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
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Cba Enterprises LLC · 19 yrs held
    Cba Enterprises LLC
    since 2006
    2 recorded transactions
    2016
    2006
    $225,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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