Industrial with Rail, 20-Acres

Industrial for Sale
Catylist Listing ID: 30474024
Property Subtypes: Free-Standing, Manufacturing, Mixed Use, Light Industrial, Research & Development, Self Storage, Warehouse/Distribution, Other
Building Size (RSF): 51,045 SF
Gross Building Area: See Agent
Sale Price: $1,550,000
Unit Price: $30.37 PSF
Ceiling: 22 ft. Clear
Docks/Doors: 2 Docks, 5 Doors
Office SF: 1,400 SF
Drive In Bays: 5 Bays
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/30/2020

Overview / Comments

51,045 SF building (built in 2009) with 6" floor slab (poured in 2017), lighting, power and good loading. No HVAC and no wall insulation. Water/sewer run the entire length of the property and are adjacent to the building (water service has been stubbed to building). Includes 19.6 contiguous acres plus 1.3 acres north of Baxter Rd. Approx. 1,500 LF private rail spur off Illinois Railway/OmniTRAX running adjacent to the 51k building. Rail line features service to four Class-1 lines, including UP, CN, CP & BNSF. Compacted stone covers approx. 400,000 SF of land area. 1,400 SF modular office at property entrance. Property currently used us rail-to-truck transload facility. Enterprise Zone.

Attachments & Media

Financials

Finance Data Year 2018
Real Estate Taxes - Annual($) $32,512 (Annual)

Additional Details

Nearest MSA: Rockford
County: Winnebago
Tax ID/APN: 15-35-100-008, 15-35-100-009, 15-26-300-011
Zoning: LIGHT INDUSRIAL
Highway Access: 251, 39, 90
Rail Access: Yes
Airports: Chicago/Rkfd Int'l Airport, O'Hare
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 51,045 SF
Year Built: 2009
Roof Type: Gable
Construction/Siding: Metal Siding
Parking Type: Surface
Parking Description: Approx. 400,000 sf of compacted stone area within the contiguous subject property.
Column Spacing: 30x100
Sprinklers: None
Amps: 600
Volts: 240
X-Phase: 3
Lighting: Metal Halide, Other
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 8,598 35,622
Median Age: 43.07 36.7
Households: 3,303 13,727

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