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    OFF-MARKET
    Commercial real estate

    2171 Keene Pkwy, Belvidere, IL 61008

    6.22 ac lot
    Property ID
    US28-4186700
    Property summary
    AI-generated overview

    This exceptional opportunity presents multiple land parcels within the Sager Corporate Park in Belvidere, Illinois. The available lots range in size from 6.22 to 11.88 acres, offering significant flexibility for various development projects. These sites are ideally suited for both commercial and industrial uses, providing a prime location for businesses seeking to establish a presence in Boone County. The land is priced competitively, ranging from $2.75 to $7.00 per square foot. The property boasts a strategic location north of I-90 and south of Chrysler Drive, conveniently situated between the Genoa and Irene Road I-90 interchanges. This ensures easy access to major transportation routes. Furthermore, the proximity to the Stellantis plant, scheduled to reopen in 2027, presents a compelling advantage for businesses seeking to capitalize on the anticipated economic growth in the area. A planned road extension from Genoa Road will further enhance accessibility to I-90, streamlining logistics and transportation. The low Boone County taxes add to the overall attractiveness of this investment opportunity. APN numbers include 07-01-126-002

    Property profile
    Verified
    Property type Commercial real estate
    Lot 6.22 ac (270,943 SF)
    APN 07-01-126-002; 07-01-128-001; 07-01-176-006; 07-01-176-004; 07-01-201-015
    UPID US28-4186700
    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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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