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    FOR LEASE
    Specialty properties

    1972 Mcfarland Rd, Rockford, IL 61107

    Entity Owned Absentee Owner Free & Clear
    Property ID
    US28-4334516
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Specialty properties
    Use group SBE - SPECIAL ASSESSMENTS
    Zoning code C2
    APN 12-14-152-018
    UPID US28-4334516
    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
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    FIRST PERRYVILLE DEVELOPMENT C
    FIRST PERRYVILLE DEVELOPMENT C
    Zoning & alternative use
    C2 · Rockford, IL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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