2412 Georgetown Road Danville, IL 61832
2.82-acre property with three commercial buildings, two turn-key.
- Added:
- May 15, 2026
- Days on Market:
- 58
- Last Refresh:
- Jun 28 at 10:57 pm
Property Features for 2412 Georgetown Road
General Information
- Standard status
- Active
- Size
- 5,800 SF
- Lot size
- 2.82 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2012
Listing office Keller Williams Realty - Danville
Listing date May 15, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty - Danville
Investment Insights
Based on property information with market context.
Key Highlights
- 2.82‑acre property with three commercial buildings
- Two turn‑key commercial buildings ready for immediate business operation
- One building is currently leased, providing immediate passive income
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $87.0k | $15.00 |
| − Vacancy | −$3.6k | −$0.61 |
| EGI | $83.4k | $14.39 |
| − OpEx | −$25.0k | −$4.32 |
| NOI | $58.4k | $10.07 |
