Industrial Building with Grade-Level
New
For Sale
$280,000
5080 Brush College Road, Decatur, IL 62526
Office and shop areas support a range of industrial operations under M-1 zoning.
Property Size3,816 SF
Lot Size1.40 Acres
Price / SF$73.38
Days on Market1
Property Features for 5080 Brush College Road
General Information
Standard status
Active
Size
3,816 SF
Lot size
1.40 Acres
Property subtype
Commercial
Zoning
M-1
Additional Details
Drive-In Doors
3
Property Use
Industrial
Taxes and HOA fees
Annual Taxes
$3,108
Building Details
Year Built
1991
Year Renovated
2013
Buildings
1
Stories
1
Building Size
3,816 SF
Listing Agency:
Main Place Real Estate
Listed By:
Zane Peterson · License #471020044
(217) 454-8800
Source:
Lylecampbell
Added: Oct 29
Last Checked: Oct 29 at 2:35PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Main Place Real Estate
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Investment Insights
Based on property information with market context.
This freestanding flex property contains 3,816 square feet on a 1.4-acre parcel. Its layout combines four offices, a conference room, two restrooms, and a kitchen-equipped break room with industrial work space served by three 10-foot grade-level overhead doors. The building was constructed in 1991 and renovated in 2013, when a new HVAC system was installed. A replacement roof dates to 2024, and the property is described as being in good condition.
Zoned M-1, the property is located at 5080 Brush College Road in Decatur, Illinois. The mix of office and shop areas is a defining element of the building's configuration.
Zoned M-1, the property is located at 5080 Brush College Road in Decatur, Illinois. The mix of office and shop areas is a defining element of the building's configuration.
Key Highlights
- 3,816‑square‑foot building on a 1.4‑acre parcel
- Three 10‑foot grade‑level overhead doors
- Four offices, a conference room, two restrooms, and a kitchen‑equipped break room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,743
Cap Rate
8.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$494,860
$494.9K
Cap Rate 7%
$353,471
$353.5K
Cap Rate 9%
$274,922
$274.9K
Market Conditions
NOI Build-Up for 3,816 SF
Gross rent
$38.0K $9.96/SF
− Vacancy
−$2.7K −$0.70/SF
EGI
$35.3K $9.26/SF
− OpEx
−$10.6K −$2.78/SF
NOI
$24.7K $6.48/SF
Area
Macon County, IL
Vacancy
7.00%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$494,860
Cap Rate 7%
$353,471
Cap Rate 9%
$274,922
Alternative Uses
Best Use
Flex RnD
$427.1K
$373.7K – $498.3K
NOI $29,896 @ 7.0% cap · market cap 10.68%
Second Best
Industrial
$353.5K
$309.3K – $412.4K
NOI $24,743 @ 7.0% cap · market cap 8.84%
Theoretical Best
Specialty Retail
$641.0K
$560.8K – $747.8K
NOI $44,867 @ 7.0% cap · market cap 16.02%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
3
Drive-in doors
Location Intelligence
Trade Area within ½ mile
53
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 62526, IL
31,758
Population
16,425
Households
1.9
Avg Household Size
41
Median Age
20%
College-Educated
92%
High-School Grad
66.0 sq mi
ZIP Area
481
Density / Sq Mi
$48,222
Median Household Income
$39,048
Median Earnings
$785
Median Rent
$91,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - Office and shop areas support a range of industrial operations under M-1 zoning.
Where is this flex space located?
The property is located at 5080 Brush College Road Decatur, IL.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: 3,816‑square‑foot building on a 1.4‑acre parcel; Three 10‑foot grade‑level overhead doors; Four offices, a conference room, two restrooms, and a kitchen‑equipped break room
