5915 Columbia Pkwy Rockford, IL 61108-5021
This exceptional 1.64-acre commercial land parcel presents a unique investment opportunity in Rockford, Illinois. Strategically located on Columbia Parkway in Winnebago County, this highly visible site enjoys a prime position near the intersection of Harrison Avenue and Mulford Road, ensuring significant traffic exposure. The property is zoned C3, making it ideally suited for the development of a car wash, as evidenced by the included city-approved plans, documents, and surveys for precisely such a project. The asking price of $1,099,000 encompasses the land itself and all necessary documentation to expedite the construction process. This turnkey offering eliminates the time and expense typically associated with obtaining permits and approvals, allowing for a seamless transition into the development phase. The 61108 zip code ensures easy access to major transportation routes and a robust local market. This is a rare chance to acquire a fully prepared site ready for immediate development, minimizing risk and maximizing return on investment. Don't miss this opportunity to capitalize on this exceptional location and pre-approved car wash development plan.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C3 · Rockford, ILRockford. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.