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3420 E State St 1,375 sq ft Retail Property Rockford, IL 61108 £486,220 (£353.61/sq ft)
INVESTMENT HIGHLIGHTS
- Excellent location at signalized intersection on busy thoroughfare with over 20,000 vehicles per day.
- Ideal location for fast food, drive through, or other retail uses.
- C3 Zoning allows for numerous uses.
- Seller will provide environmental indemnity.
EXECUTIVE SUMMARY
Excellent opportunity to redevelop 0.8-acre former gas station site strategically positioned on a main retail corridor! Located at the signalized intersection of E State Street and Fairview Rd. Great fast food location!
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Local Shop
Property Size
1,375 sq ft
Costar Property Class
C
Year Built
1990
Price
£486,220
Price per sq ft
£353.61
Tenancy
Single
Number of Floors
1
Plot ratio
0.04
Total Plot Size
0.80 ac
Use Class
C3 - Commercial, Manufacturing and Employment District
Parking
9 Spaces (6.55 Spaces per 1,000 sq ft Leased)
Frontage
AMENITIES
- Signalised Intersection
Walk Score®
Easily Walkable (75)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 12-30-204-001 | Improvements Assessment | £62,551 |
| Land Assessment | £46,999 | Total Assessment | £109,550 |
PROPERTY TAXES
Parcel Number
12-30-204-001
Land Assessment
£46,999
Improvements Assessment
£62,551
Total Assessment
£109,550
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3420 E State St
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