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3801 Central Ave Rockford, IL 61102-4249

OFF-MARKET Industrial properties Google Maps
144,088 SF 12.01 ac lot Built 1995
Entity Owned 19-yr Hold ~ Est. High Equity
Estimated value (blended)
$990k
Range $891k – $1.09M (±10%)
Property ID US28-0058155

Property summary

AI-generated overview

This exceptional industrial property, located at 3801 S Central Ave in Rockford, Illinois, presents a unique opportunity for a single-tenant user. The warehouse boasts a total of 1 square foot of space, currently entirely vacant and ready for immediate occupancy. Situated in Winnebago County, this property offers convenient access to key transportation routes, making it ideal for businesses requiring efficient logistics. The property's single-tenant occupancy ensures exclusive use and control of the entire space. The building's industrial classification signifies its suitability for various storage, manufacturing, or distribution purposes. This listing is for lease only. The property's precise location within Rockford, Illinois, at 42.2261495 latitude and -89.1175743 longitude, and its 61102 zip code, provides easy access to local amenities and a strong workforce. Given the unique size of the property, it is particularly well-suited for businesses with minimal storage or operational needs. Interested parties are encouraged to inquire further to explore the possibilities this exceptional property offers. The property is classified as a single-tenant warehouse in Winnebago County, Illinois. This is a rare opportunity to secure a functional space in a prime location.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1995
Construction STEEL FRAME
Total area 144,088 SF
Lot 12.01 ac (523,156 SF)
Zoning code I1
APN 15-04-476-002
UPID US28-0058155

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
  • Auto Parts Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$6.75M
Blend (final) Blend
$990k

Owner & transaction history

since 2007
7 recorded transactions
2019
Price N/A
2007
$4.3M
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

I1 · Rockford, IL
Zoning description

23-002-A. I-1, LIGHT INDUSTRIAL DISTRICT The primary purpose of the I-1, Light Industrial/Business Park district is to accommodate low- impact manufacturing, wholesaling, warehousing, and distribution activities that occ…

General category INDUSTRIAL
Top alternative use upside
Commercial (general) $11.1M +166.0%

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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