Property profile

301 Southtowne Dr Belvidere, IL 61008

OFF-MARKET
Commercial real estate
Property ID
US28-5033975
8,750 SF 11.16 ac lot Built 1976
Individually Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1976
Construction CONCRETE
Total area 8,750 SF
Lot 11.16 ac (486,130 SF)
APN 05-35-482-017
UPID US28-5033975

Cap rate & NOI

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

Location

301 Southtowne Dr Belvidere, IL 61008-5676
Belvidere metro Census 10300 ROCKFORD, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$710k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$590k

Owner & transaction history

since 2026
Last sale
$620,000
4 recorded transactions
2026
$413,500
2025
$2.9M
2025
$620,000
2024
Price N/A

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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