Property profile

2523 Meridian Rd Rockford, IL 61101

OFF-MARKET
Office Spaces
Property ID
US28-1960778
12,642 SF 19.04 ac lot Built 1966
Entity Owned 11-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1966
Construction STEEL FRAME
Total area 12,642 SF
Lot 19.04 ac (829,382 SF)
Zoning code AGRICULTURAL
APN 11-07-351-004
UPID US28-1960778

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Television Studio Media Distribution
  • Radio Station Telecommunications Service

Location

2523 Meridian Rd Rockford, IL 61101-2237
Rockford metro Census 3601 ROCKFORD, IL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.32M
Blend (final) Blend
$375k

Owner & transaction history

since 2014
3 recorded transactions
2014
Price N/A
2010
Price N/A
2009
Price N/A

Zoning & alternative use

AGRICULTURAL · Rockford, IL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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