Property profile

5982 Columbia Pkwy Rockford, IL 61108

OFF-MARKET
Other specialty properties
Property ID
US28-1916893
1.62 ac lot
Entity Owned Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

The property is located at the corner of Harrison Avenue and Mulford Road in southeast Rockford, along a major east-west commercial corridor. It benefits from proximity to U.S. Route 20 and the Mulford Road/Harrison Street intersection, with frontage and access potential from Harrison Avenue and Mulford Road. The surrounding area includes established multifamily and single-family residential developments. Harrison Avenue provides roadway connectivity to U.S. Route 20 and Interstates I-90 and I-39. The site consists of parcels totaling 1.62 acres and is configured to allow flexible site design to meet project requirements; Parcel 1 is adjacent to a Casey’s General Store and is positioned for visibility and access along Mulford Road, while Parcel 2 includes frontage along Harrison Avenue adjacent to the same use. A proposed right-in/right-out access plan from Harrison Avenue is noted.

Property profile

Verified
Property type Other specialty properties
Use group SBE - SPECIAL ASSESSMENTS
Lot 1.62 ac (70,567 SF)
Zoning code C3
APN 12-33-476-006
UPID US28-1916893

Cap rate & NOI

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

Location

5982 Columbia Pkwy Rockford, IL 61108-5021
Rockford metro Census 501 ROCKFORD, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$425k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$425k

Owner & transaction history

since 2024
Last sale
$425,000
1 recorded transaction
1969
Price N/A

Zoning & alternative use

C3 · Rockford, IL
Zoning description

21-001-D. C-3, GENERAL COMMERCIAL DISTRICT 1. The primary purpose of the C-3, General Commercial district is to accommodate a very broad range of business, service, and commercial uses. In terms of allowed uses, C-3 repr…

General category COMMERCIAL

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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