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    2015 E Olive St Decatur, IL 62526

    For Lease
    $4 SF/Yr ($6,666 /Mo)

    20,000 SF warehouse with refrigeration and freezer space.

    Property size:
    20,000 SF
    Lot size:
    1.90 Acres

    Property Features for 2015 E Olive St

    General Information

    Size
    20,000 SF
    Lot size
    1.90 Acres

    Source: Main Place Real Estate Agent Zane Peterson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Decatur Warehouse with Cold Storage

    This versatile industrial property, situated on 2 acres, provides approximately 20,000 square feet of warehouse space. Previously used by a regional food service and produce distributor, the property is particularly suited for food-related businesses, having been previously food grade. It features numerous walk-in refrigerators and a freezer, utilizing Bohn systems. Several dock doors and an overhead drive-in interior dock and staging area facilitate efficient loading and unloading. A small sales office, encompassing approximately 700 square feet and including restrooms, is also present. The ceiling clearance ranges from 12 to 22 feet, suitable for racking and dry storage. The building is clean and well-maintained, with the option to retain or remove the existing cold storage infrastructure. A floor plan and 3D Virtual Tour are available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Archer Daniels Midland Co

    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    Macon
    State
    Illinois
    Longitude
    -88.9309908
    Latitude
    39.860334

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    FAQs

    What type of property is this?
    Warehouse - 20,000 SF warehouse with refrigeration and freezer space.
    Where is this warehouse located?
    The property is located at 2015 E Olive St Decatur, IL.
    What is the lease rate?
    The lease rate is $4 SF/Yr.
    What are key features of this property?
    This property features: - 20,000 sq ft warehouse space on 2 acres, ideal for various industrial uses.; - Previously food grade and used by a regional food service/produce distributor.; - Equipped with **numerous walk-in refrigerators and freezers (Bohn systems).**
    (217) 454-8800
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    2015 E Olive St Decatur, IL 62526
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    Decatur, IL 62526
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2015 E Olive St Decatur, IL 62526
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