5915 Columbia PkwyRockford, IL 61108

  • Commercial land
  • 1.64 AC
For Sale
$1,099,000 View listing

Property Details for 5915 Columbia Pkwy

Lot size
1.64 AC
Zone code
C3
Property type
Commercial land
APN
12-33-477-002
APU
1233477002

Description

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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $14,764,370
    Hospitality
    $13,524,083
    Educational
    $11,251,878
    Medical
    $11,638,848
    Retail
    $17,502,922

Location Insight

City
Rockford
County
Winnebago
State
Illinois
Latitude
42.2391
Longitude
-89.0012
CBSA code
40420
CBSA name
ROCKFORD, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
-
$95,878
-
$95,878
-
$287,634
-
$287,634

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