1972 Mcfarland Rd, Rockford, IL 61107
For Lease
1 / 3
This exceptional one-acre commercial land parcel presents a unique investment opportunity in Rockford, Illinois. Located at 1972 McFarland Road, this single-tenant property offers significant potential for development. Situated in Winnebago County, the property boasts convenient access to key transportation routes and local amenities, making it an ideal location for a variety of commercial ventures. The expansive one-acre lot provides ample space for construction, allowing for flexibility in design and functionality. The property's zoning classification (not specified in provided data) will need to be verified by prospective buyers to determine permitted uses. This prime location in Rockford offers excellent visibility and accessibility, ensuring high potential for attracting customers and maximizing return on investment. The property's single-tenant status provides a straightforward ownership structure, simplifying management and streamlining the development process. Serious inquiries are encouraged to explore the possibilities this exceptional commercial land parcel offers. Further due diligence is recommended to confirm all aspects of the property, including zoning regulations and utility access. This is a rare opportunity to acquire a well-positioned commercial lot in a thriving Illinois market. Act quickly to secure this valuable asset.
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
C2 · Rockford, ILRockford. Always verify with local authorities before improvements.
No recorded transactions found for this property.
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.