Property profile

3458 Morreim Dr Belvidere, IL 61008

OFF-MARKET
Industrial land
Property ID
US28-4399407
0.87 ac lot
Entity Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 0.87 ac (38,080 SF)
APN 05-33-400-030
UPID US28-4399407

Cap rate & NOI

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

Location

3458 Morreim Dr Belvidere, IL 61008-6308
Belvidere metro Census 10400 ROCKFORD, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$5.15M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.21M

Owner & transaction history

since 2023
Last sale
$5.2M
7 recorded transactions
2023
$5.2M
2015
$5.9M
2014
$4.4M
2005
$846,000
2005
Price N/A
2005
$300,000
2005
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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